Menu
Royalties
in Karnataka, gst on royalties they are issuing notices retrospectively with interest are they right?any guidelines in this regard? please sh BHare.Thank you.
Replies (2)
Quick Summary
The GST on royalty is a fee paid by businesses for using assets and intellectual property, and it's taxed based on GST rates for goods.
The recipients can claim input tax credit if registered under GST.
However, I cannot provide legal advice on whether the notices being issued are correct or not.
The GST on royalty is a fee paid by businesses for using assets and intellectual property, and it's taxed based on GST rates for goods.
The recipients can claim input tax credit if registered under GST.
However, I cannot provide legal advice on whether the notices being issued are correct or not.
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
