GST ON ROYALTY PAYMENT in india
This query is : Resolved
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
GST needs to be paid under reverse charge under Not. 8/2017- Central Tax- Rate.
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
Yes in case of copyright service it would fall under RCM u/s 9(3) - CGST.
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 .
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