07 September 2017
dear sir
we are paying royalty to authors in India.
authors has not taken GST no
should I need to deposit under reverse charge or not
08 September 2017
Notification No. 13/2017 Central Tax (Rate) & 10/2017 Integrated Tax (Rate) provide for RCM u/s 9(3). SlNo. 9 Provide for "Supply of services by an author, music composer, photographer, artist or the like by way of transfer or permitting the use or enjoyment of a copyright covered under clause (a) of sub-section (1) of section 13 of the Copyright Act, 1957 relating to original literary, dramatic, musical or artistic works to a publisher, music company, producer or the like." - Publisher, music company, producer or the like, located in the taxable territory is liable to pay GST. So RCM appliacle to you.
08 September 2017
Thanks to all for reply , one more query , IF We are receiving Royalty from outside India & NOT PAYING ANY ROYALTY IN INDIA , do we liable to register under GST OR NOT .
CAclubindia
