Author option to pay central tax under forward charge for transfer or licence of literary copyright to publisher, with registration and invoice declarations. The notification amends the State GST rate schedule to treat supplies of copyright usage: it substitutes the entry for music-related copyright services and inserts an entry making publishers the taxable recipients of authors' transfers or licences of literary copyrights, subject to an author's option to pay central tax under forward charge via registration and prescribed registration and invoice declarations; it also inserts entries taxing motor vehicle renting to body corporates and securities lending services under the securities lending scheme, specifying supplier and recipient descriptions and providing annexed forms for the author option.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Author option to pay central tax under forward charge for transfer or licence of literary copyright to publisher, with registration and invoice declarations.
The notification amends the State GST rate schedule to treat supplies of copyright usage: it substitutes the entry for music-related copyright services and inserts an entry making publishers the taxable recipients of authors' transfers or licences of literary copyrights, subject to an author's option to pay central tax under forward charge via registration and prescribed registration and invoice declarations; it also inserts entries taxing motor vehicle renting to body corporates and securities lending services under the securities lending scheme, specifying supplier and recipient descriptions and providing annexed forms for the author option.
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