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Showing posts from February, 2021

How do I obtain Music License for Streaming in India?

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  It is mandatory to obtain Music license for all the business units who are looking forward to playing music in the public zones for any commercial purpose. As per the Copyright Act, 1957, it is compulsory for all the restaurants, cafes, pubs, bars, hotels that play music on their premises, to obtain license. The main objective of this license is to give credit to the creator such as singers, writers, composers, musicians, etc. and at the same time, it safeguards their rights. Scroll down to check more information regarding license. What is the Music License? As per the Copyright Act, 1957, the musical work means a work containing music and includes any graphical notation of such work, and it does not include any words or action intended to be spoken or performed or sung the music. Music of the owner and purchasing a CD or a DVD does not mean that you have the right to use the music anywhere in Public. If anyone wants to use the music for the commercial purpose which can be...

GST registration online for new user on GST Portal: Step by Step Guide

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Goods and Services Tax or commonly known as GST is an indirect tax levied on the supply of goods and services in India. It’s a single tax on the supply of goods and services. In 2017, PM Shri Narendra Modi introduced GST in India with the slogan of One Nation One Tax . Goods and Services Tax helps to boost up the Economy of India and it has replaced other indirect taxes in India such as CST, service tax and VAT. As per the GST regime, GST registration is necessary for the business’s having a turnover of more than INR 40 lakh but in North East states GST is levied on the businesses having turnover of INR 20 lakh. If any business is found without registration under GST Act, then it will be deemed as a punishable offence under the act and will have to pay heavy fine as penalty. Registration under GST Act is compulsory for businesses like Dealers, E-Commerce, Import and Export businesses. Different Components of GST There are 3 components of Goods and Services Tax which are mentioned-be...