Services provided by way of Sponsorship

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..... axable services provided or agreed to be provided by way of sponsorship to anybody corporate or partnership firm located in the taxable territory; Liability on:- Service Provider Service Recipient % of tax Nil 100% Meanings and Definitions: Rule .....

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..... en defined under Sec.65B. Prior to 1-7-2012 sponsorship was defined in section 65(99a) as follows : sponsorship includes naming an event after the sponsor, displaying the sponsor's company logo or trading name, giving the sponsor exclusive or priority booking rights, sponsoring prizes or trophies for competition; but does not include any financial or other support in the form of .....

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