GST provision for producer, distributors and exhibitors

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query no. 1- Applicable rates for transfer of copyright of movie, music ( temporary or permanently).

query no 2. registration requirement for actors, if services provided by actors in foreign .
Replies (1)

Sale of software comes under Permanant transfer of software in IT and SAAS comes under Temporary category. To avoid confusion CBEC has put both under a single HSN Code 9973 Chapter Heading with GST rate of 18%.

Thus answer to your 1st query is 18%

For registration, Every business carrying out a taxable supply of goods or services under GST regime and whose turnover exceeds the threshold limit of Rs. 20 lakh/ 10 Lakh as applicable will be required to register as a normal taxable person. 

Further if both SP(Actor) and SR(Producer) are residents and film is made outside India then also GST shall be payable and registration needs to be done.

 


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