Media and GST

IN Media Watch Briefs | 19/06/2017

The following categories of media activity are exempt from the Goods and Services Tax: "Services by way of collecting or providing news by an independent journalist, Press Trust of India or United News of India." Media produced by tax-exempt not-for-profits are also exempt. (http://gstindiaupdates.com )              

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In the explosion of fake news, where one report is worse than the other, social media users were taken aback to see a post with the Republic TV logo quoting journalist Rana Ayyub to the effect that the government ordinance to hang rapists of minors was directed at Muslims! Ayyub had to take to Twitter and Facebook to clarify that she never said any such thing and the account itself was a parody of Republic TV.  We are waiting for Republic TV to condemn the account's post!                                                 
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