Vat / Service tax on Digital Royalty
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....at / Service tax on Digital Royalty<br> Query (Issue) Started By: - Sanjay D. Dated:- 8-5-2013 Last Reply Date:- 11-5-2013 Other Topics<br>Got 1 Reply<br>Indian Laws<br>We have receiving digital royal....
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....ty for music content from various parties/ telco's . I would like to know which taxes applicable for digital royalty income? ( Service tax or VAT or Both ) Reply By Pradeep Khatri: The Reply: Servic....
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....e would be applicable on such transactions as VAT laws does not recognised Royalty as Intangible goods at par with DEPB, Advance Authorisation untill unless you are selling the music content on some s....
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....ort of physical medium such DC, DVD etc.<br> Discussion Forum - Knowledge Sharing ....