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Import of service- IP Rights - Goods and Services Tax - GSTExtract Learned experts, May kindly share your views on the below context Context: IP Rights are allotted to an Indian entity by a foreign entity for promoting/ conducting a sporting event in India. Payment to the same has been released by a foreign entity (who is a RP of Indian entity) to the foreign service provider from outside India. Event would take place in India after making arrangements by Indian entity and giving access to the foreign entity for performing the event. Foreign entity does not have fixed / permanent establishment in india. withholding tax at applicable rates shall be done by Indian entity. Q: 1. Please let s know once the event is performed, Whetter GST is applicable or not? Q: 2. If applicable, Forward charge or RCM? Based on below payment method, I.e., Payment against the event is made partially from Indian entity and balance from RP entity outside India. Regards
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