GST on distribution rights of pharmaceutical company sold to other for consideration

This discussion clarifies whether GST is applicable when a pharmaceutical company sells its distribution rights to another entity for a fee. The consensus is that this transaction is indeed subject to GST, as it's considered a supply of services. The rights are likely classified as intellectual property, taxable under SAC Code 9973 at an 18% GST rate, though seeking an advance ruling is also suggested for definitive guidance.