Royalty fee ?
Pradip Guha (1 Points)
02 July 2017
is royalty fee under gst ? if so what is the rate of tax ?
1 Replies
Ravi Mehra
(Business Consultant)
(72 Points)
Replied 10 July 2017
Yes @ 12%
Temporary transfer or permitting the use or enjoyment of any Intellectual Property (IP) to attract the same rate as in respect of the permanent transfer of IP. (with full ITC)
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