A Collector’s Guide to Art Taxation in India | Abirpothi

This comprehensive guide from Abirpothi demystifies the tax landscape for art collectors in India. It addresses key topics such as capital gains tax on artwork sales, GST implications for art transactions, and the duties associated with importing art. The article also delves into acquisition routes—domestic, international, and inherited—and emphasizes the importance of proper documentation, valuation, and compliance with exchange control regulations. Additionally, it offers insights into alternative monetization strategies like art-based financing and underscores the significance of succession planning for art collections. Read more about the - https://www.abirpothi.com/a-collectors-guide-to-art-taxation-in-india/