Is GST applicable???

This discussion explores whether Goods and Services Tax (GST) is applicable to an investment in a film project. The case involves a client investing £25 lakhs for a 12% profit share, potentially earning £36 lakhs. The applicability of GST hinges on the nature of the contract – whether it's a company investment, partnership, or joint venture. If it's a joint venture, GST is likely not applicable. However, if it's an investment not structured as equity or a loan, GST may be attracted.