Clarification on rate of tax
THYAGARAJAN KALYANASUNDARAM
Dear expert,
What is the rate of tax for selling of cinema film by the producer.
Thanks iin advance.
Cinema Film Sales Under GST: 9% CGST and SGST Each for Intra-State; 18% IGST for Inter-State Supplies. A query was raised about the applicable tax rate for selling cinema films by producers under the Goods and Services Tax (GST) regime. An expert clarified that cinema films fall under heading 3706, attracting a Central GST (CGST) rate of 9% as per a specific notification. Another contributor confirmed this view, adding that for intra-State supplies, an additional State GST (SGST) of 9% applies, totaling 18%. For inter-State supplies, the Integrated GST (IGST) rate would be 18%. (AI Summary)
Goods and Services Tax - GST