A firm (X) (located outside india) entered into a contract with an Indian firm (Y) for music right. The music to be used only in indian locaion i.e it is Goe-tagged in digital platform and can be used only in india like youtube etc.
Since the music rights is Geo-tagged to India can this be considered as export of services under section 16 of IGST
Music Rights Deal with Indian Firm Deemed Import of Services Under IGST Act Section 16, Subject to Duties. A firm located outside India (X) contracted with an Indian firm (Y) for music rights, with the music geo-tagged for use only within India. A query was raised about whether this constitutes an export of services under Section 16 of the IGST Act. The response clarified that since the music rights owner is outside India and the usage is restricted to India, it is considered an import of service, subject to IGST and customs duties, as it occurs within the taxable territory. (AI Summary)
Goods and Services Tax - GST
TaxTMI 
TaxTMI 
TaxTMI 
