gst on song producers

[AIJAZ KAZI]

sir/madam,

can some one please help in fing out the gst criteria for song producers .Mean song producer is suppose to take gst registration or not.who is suppose to pay gst and in what form rcm o r fcm .because song producer is just investing money and as the song is ready he will by way of agreement hand over the song to zee tv against which he will receive royalty.so what will be the gst standing(zee tv or song producer). please help me out

AI Summary

GST Rules for Song Producers: Mandatory Registration, 18% Tax Rate on Copyright Transfers and Royalties A song producer's GST liability depends on turnover and transaction nature. If aggregate turnover exceeds Rs. 20 lakhs, GST registration is mandatory. When transferring song rights to a media company, the producer typically charges 18% GST under Forward Charge Mechanism. The recipient pays GST on the royalty invoice. Specific GST treatment varies based on copyright transfer and service type, with potential variations in Reverse Charge Mechanism application.