query no. 1- Applicable rates for transfer of copyright of movie, music ( temporary or permanently).
query no 2. registration requirement for actors, if services provided by actors in foreign .
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GST provision for producer, distributors and exhibitors
Replies (1)
Sale of software comes under Permanant transfer of software in IT and SAAS comes under Temporary category. To avoid confusion CBEC has put both under a single HSN Code 9973 Chapter Heading with GST rate of 18%.
Thus answer to your 1st query is 18%
For registration, Every business carrying out a taxable supply of goods or services under GST regime and whose turnover exceeds the threshold limit of Rs. 20 lakh/ 10 Lakh as applicable will be required to register as a normal taxable person.
Further if both SP(Actor) and SR(Producer) are residents and film is made outside India then also GST shall be payable and registration needs to be done.
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