Royalty fee ?

is royalty fee under gst ? if so what is the rate of tax ?
Replies (1)

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)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register