Live telecasting rights classified as taxable under VAT for rights to events performed in Delhi. Sale or transfer of live telecasting rights for events performed in Delhi falls within entry no.3 of the Third Schedule of the Delhi Value Added Tax Act, 2004, which covers intangible goods (copyrights, patents, reproduction licences, goodwill), and is therefore taxable under the Act; the clarification is issued with the Commissioner's approval.
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Provisions expressly mentioned in the judgment/order text.
Live telecasting rights classified as taxable under VAT for rights to events performed in Delhi.
Sale or transfer of live telecasting rights for events performed in Delhi falls within entry no.3 of the Third Schedule of the Delhi Value Added Tax Act, 2004, which covers intangible goods (copyrights, patents, reproduction licences, goodwill), and is therefore taxable under the Act; the clarification is issued with the Commissioner's approval.
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