🇮🇳India

ग्रैंड राइट्स लाइसेंसिंग में GST अनुपालन दंड

3 verified sources

Definition

Grand rights licensing for theatrical productions involves issuing invoices for performance rights fees, subject to GST e-invoicing if turnover >₹50 crore. Failure to match ITC in GSTR-2B results in denied credits and penalties.

Key Findings

  • Financial Impact: ₹10,000-50,000 per mismatched invoice + 18% interest; 20-40 hours/month manual reconciliation costing ₹50,000+
  • Frequency: Monthly during GSTR filings
  • Root Cause: Manual invoice verification and lack of automation for GSTR-2B matching

Why This Matters

The Pitch: Sheet music publishers in India waste ₹5-10 लाख annually on GST penalties and lost ITC. Automation of e-invoicing and GSTR-2B reconciliation eliminates this risk.

Affected Stakeholders

Accounts Manager, Licensing Officer, CFO

Deep Analysis (Premium)

Financial Impact

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Current Workarounds

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Get Solutions for This Problem

Full report with actionable solutions

$99$39
  • Solutions for this specific pain
  • Solutions for all 15 industry pains
  • Where to find first clients
  • Pricing & launch costs
Get Solutions Report

Methodology & Sources

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

Evidence Sources:

Related Business Risks

Request Deep Analysis

🇮🇳 Be first to access this market's intelligence