Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Sponsorship service

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Sponsorship service
Query (Issue) Started By: - SANDESH SHINDE Dated:- 5-9-2014 Last Reply Date:- 6-9-2014 Service Tax
Got 1 Reply
Service Tax
Dear Sir, Pls explain point of taxation in c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ase of sponsorship services for both service receiver and service provider in simple words, thanks and regards Reply By Rajagopalan Ranganathan: The Reply: Dear Mr. Shinde, 100% of service tax in re .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... spect of sponsorship services is to be paid by the receiver of the service vide sl. No. 3 of Notification No.30/2012-ST dated 20.6.2012 and rule 2 (d) (C) of Service Tax Rules. (as inserted with effec .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t from 1.7.2012.). In other cases, service provider is liable to pay the service tax. In case of services covered under reverse charge, the point of taxation shall be the date on which payment is mad .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e to service provider, if the payment for such service is made within three months from the date of invoice. If payment for such service is not made within three months from the date of invoice, the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... point of taxation will be date immediately following the period of three months. This provision is with effect from 1.10.2014. For the period prior to 1.10.2014 the payment for such service is to be .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... made within six months from the date of invoice.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates