Signal · Supply Chain & Logistics
Cinematographic film not IT software under GST: HC; quashes Rs 79 cr tax demand on Karan Johar firms
What the source reported
Source-reportedBombay 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 Services Accounting Code (SAC) 998340, attracting 18 per cent Goods and Services Tax (GST).
- Publication
- The Economic Times - Industry · Trade Publication
- Published
- 23rd September 2026
- Original report
- economictimes.indiatimes.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Supply Chain & Logistics
- Geography
- India
- Organisations
- None identified
- Collected
- 23rd September 2026 · 12:41
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Low (11.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (25.5/100, data sufficiency: Insufficient). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Specificity (0.0/20 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth