Cinematographic film not IT software under GST: HC; quashes Rs 79 cr tax demand on Karan Johar firms
Bombay High Court maintained that a cinematographic film is not IT software under GST law regardless of its method of delivery. The court set aside a tax demand of over Rs 79.7 crore from Karan Johar's two production companies after stating that the transactions as licensing of IT software under…
The Economic Times ·