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Is gst applicable on royalty income

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 January 2018 For Royalty Income,
If a company is included in exempted supply of goods or service, is it liable for GST ?
Whether it is included in RCM or not?
At which rate it is taxed?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 January 2018 Company is liable for GST at 18% on royalty income. RCM not applicable now.

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