A SINGLE SALE TRANSACTION OR CONTINUOUS SUPPLY?
This query is : Resolved
Dheeraj Kumar
(Querist)
09 November 2019
I HAVE SOLD MY RUNNING ONLINE BRAND / TRADEMARK FOR A SPECIFIC CONSIDERATION LET SAY Rs 100/- BUT CONSIDERATION WILL BE RECEIVED IN % OF MONTHLY SALE OF SUCH BRANDED PRODUCTS.
PLEASE GUIDE ME ON GST ASPECTS ?
PLEASE GUIDE ME ON GST ASPECTS ?
CA R SEETHARAMAN
(Expert)
09 November 2019
18% GST applicable on such royalty receipts.
Dheeraj Kumar
(Querist)
09 November 2019
ON MONTHLY RECEIPTS OR ONE SHORT GST CHARGEABLE ?
CA R SEETHARAMAN
(Expert)
09 November 2019
On monthly receipts.
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