🇮🇳India

वीडियो प्रोडक्शन पर RCM GST चूक

2 verified sources

Definition

Post-production freelancers often unregistered; RCM applies on 18% GST for services like editing, graphics. Failure to pay under RCM leads to notices.

Key Findings

  • Financial Impact: ₹10,000-50,000 penalty per missed invoice + 18% interest; min ₹10,000 late fee under CGST §73.
  • Frequency: Per vendor invoice, audited quarterly
  • Root Cause: Ad-hoc freelancer hiring without RCM flagging in production workflow

Why This Matters

The Pitch: E-Learning firms in India face ₹1-3 lakhs in GST penalties yearly from RCM oversights in video post-processing. Automated vendor classification prevents defaults.

Affected Stakeholders

Procurement, Finance, Studio Owners

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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