02 June 2015
Wether service tax applicable on temporary transfer of Display rights to theater. and also i want to know what kind of service tax applicable to film producers.
02 June 2015
Cinematograph films: Cinematograph film is defined to mean: Any work of visual recording on any medium produced through a process from which a moving image maybe produced by any means and includes a sound recording accompanying such visual recording and “cinematograph” shall be construed as ncluding any work produced by any process analogous to cinematography including video films. The print of the movie that is ready to be exhibited to the public is called as the cinematograph film. This will consist of the audio, video and music. The whole film registered as such shall be a copyright. When this copyright is transferred temporarily to another person, this is presently exempted from service tax.
CAclubindia
