Whether royalties for technology transfer and other royalty can be paid for same product on use of trademarks and brand name?
No, both royalties cannot be paid together on the same product. i) Cases involving transfer of technology will be eligible for royalty payment at the prescribed rate on the automatic route. ii) Cases not involving any transfer of technology and only involving the use of brand names and trademarks will be eligible to payment of trademarks or brand name royalty at the prescribed rate on the automatic route.
Related Questions
- Is payment of royalty to parent companies and payment of royalty for use of trademarks and brand name without technology transfer covered under the Automatic Route of RBI?
- What will happen to the Macromedia corporate brand? What will happen to product and technology brands, such as Dreamweaver and Flash?
- Whether royalties for technology transfer and other royalty can be paid for same product on use of trademarks and brand name?
