Temporary licensing of film rights falls under SAC 997332 at 12% GST, not IT software.
Temporary licensing of film rights falls under SAC 997332 at 12% GST, not IT software. Issue Classification & Tax Rate: Whether the temporary licensing of theatrical, satellite, sound, and digital film rights delivered via digital/encrypted modes constitutes a service in IT software taxable at 18% or temporary licensing of IP rights under SAC 997332 taxable… Read More »