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 on royalties: licensing attracts forward charge by the producer; reverse charge applies on copyright transfers.
For licensing of a song the transaction is a service-licensing of intellectual property-and a registered song producer must charge GST on royalty under the forward charge mechanism; the recipient pays and may claim input tax credit. If the arrangement is an assignment of copyright or involves services covered by the relevant notifications, tax liability may fall on the recipient under the reverse charge mechanism, so applicability of FCM or RCM depends on whether the supply is a license or a transfer/covered inward service.