TMI BlogSponsorship service provided to Government instituteX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We are a mfg co, If we are Sponsoring any Government recognized institute only our company logo will be displayed in such conference. So as a body corporate, are we liable to pay service tax under reverse charge mechanism,please explain, thanks and regards. - Reply By Naveed S - The Reply = Yes Sir, under reverse charge mechanism you shall be under obligation to pay full service tax o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the sponsorship amount and without any abatement thereof. As per Notification 25/2012 ( The Mega Exemption Notification ), only following services are exempt :- Services by way of sponsorship of sporting events organized,- (a) by a national sports federation, or its affiliated federations, where the participating teams or individuals represent any district, state or zone; (b) by Associ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ation of Indian Universities, Inter-University Sports Board, School Games Federation of India, All IndiaSports Council for the Deaf, Paralympic Committee of India or Special Olympics Bharat; (c) by Central Civil Services Cultural and Sports Board; (d) as part of national games, by Indian Olympic Association; or (e) under Panchayat Yuva Kreeda Aur Khel Abhiyaan (PYKKA) Scheme; - Sponsorsh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ip service provided to Government institute - Query Started By: - SANDESH SHINDE Dated:- 26-11-2014 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
