Forward charge option for authors requires registration and prescribed invoice declaration to pay State tax on literary copyright supplies. The notification amends the Assam SGST rate table by substituting the entry for copyright-related services to music companies and inserting 9A to cover authors supplying copyright in original literary works to publishers, permitting authors to elect registration and file Annexure I to pay State tax under forward charge and to make the Annexure II invoice declaration when exercising the option. It also adds entries for rental of motor vehicles to body corporates where non-corporate suppliers pay Assam GST with restricted input service credit, and for securities lending under SEBI's scheme identifying lender and borrower.
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Provisions expressly mentioned in the judgment/order text.
Forward charge option for authors requires registration and prescribed invoice declaration to pay State tax on literary copyright supplies.
The notification amends the Assam SGST rate table by substituting the entry for copyright-related services to music companies and inserting 9A to cover authors supplying copyright in original literary works to publishers, permitting authors to elect registration and file Annexure I to pay State tax under forward charge and to make the Annexure II invoice declaration when exercising the option. It also adds entries for rental of motor vehicles to body corporates where non-corporate suppliers pay Assam GST with restricted input service credit, and for securities lending under SEBI's scheme identifying lender and borrower.
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