Intellectual property related services :
Temporary transfer or permitting the use or enjoyment of any Intellectual Property Right (IPR) is ‘supply of service’ – para 5(c) of Schedule II of CGST Act.
[It was a ‘declared service’ as per section 66E(c) of Finance Act, 1994 relating to service tax]
Thus, both ‘temporary transfer’ or ‘permitting use or enjoyment’ of IPR are subject to GST.
Permanent transfer of IPR is ‘supply of goods’ as IPR is ‘property’.
Patents, designs, copyright, trade marks etc. are ‘IPR’.