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GST implication of Sale of Web Series to OTT platform.

456 views 2 replies

Sudipta Das

student cwa (Final)

219 Points Joined June 2011

A Sole proprietorship production house is planning to sell a web series to any OTT platform like Amazon Prime.

Should it be treated as Transfer of Intellectual Property (IP) right in respect of goods other than Information Technology software and charged at the rate of 12% GST

If not Please tell the correct GST implication of the same ??

Replies (2)

Pankaj Rawat

GST Practitioner

55062 Points Joined June 2017

IPR is not defined in GST, so reference can taken from service Tax Act : IPR include , Copyright, Patent, Trademark, Design, any other similar rights to an intangible property.

Hence it's kind of selling copyrights, & As per Notification 11/2017 CT (r) under heading 9973 it's 12% GST on IPR other than information technology software.