GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Musical Event Service Tax

Service Tax - Started By: - george thomas - Dated:- 26-2-2016 Last Replied Date:- 28-2-2016 - Dear SirWe are conducting a musical entertainment event to promote our brand and appoint one party for selling Ticket by paying commission. In this regard we want to know any service tax liability is there for us for the amount collected from Ticket Sales. Please help - Reply By KASTURI SETHI - The Reply = Sh.George Thomas Ji, Your service is covered under the erstwhile category of, Services of Promotio .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

service provided by any individual, Hindu Undivided Family or partnership firm, whether registered or not, including association of persons, located in the taxable territory to a business entity registered as body corporate, located in the taxable territory, service tax is payable on reverse charge mechanism by the service receiver, that is, a business entity registered as body corporate, located in the taxable territory. In your case you are allotting the service of selling the tickets to a thi .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ctivity carried out by a person for another for consideration, and includes a declared service, but shall not include -. Further, Section 66B of Act ibid provides for charge of service tax on and after Finance Act, 2012. wherein service tax is levied at the rate of fourteen per cent. on the value of all services, other than those services specified in the negative list, provided or agreed to be provided in the taxable territory by one person to another and collected in such manner as may be pres .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

f ticket sale. - Reply By Akash Deep - The Reply = Dear Sir, Personal views only What i understood from the exact language of your query is that you are promoting your own brand by organizing a musical event. as you are promoting your own brand its kind of self service. no one can provide service to oneself. to cover under definition of service after 1.7.2012 ad prior to that also, there has to two parties one service provider and other service receiver. I dont see any case of sponsorship servic .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

y you. Here it may be noted that person appointed by you is acting as your agent and is been authorised only to sell tickets. As the tickets are issued by you it is you who is authorisiring the valid holders of the ticket to participate in musical event conducted by you. in other words you are providing services to these persons by way of admission to entertainment event (entertainment event includes musical event). consideration received by you for this service would be the amount collected by .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

location where event actually held. serices provided by the person to whom you have appointed to sale tickets on your behalf on commission basis is ancilliary to the services of admission provided by you to the ticket holders. so if the even is actually held outside the taxable territory there shall be no tax liability on the amount collected thorugh sale of tickets and on the commission paid by you to the person who sold your ticket. However, if the event is held in taxable territory. place of .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

such entry (j) of section 66D does not cover ancilliary services to admission to entertainment event, services received by you shall be taxable but in that case ( if you have not imported services of other person) liability to pay tax shall be on the service provider. On and after 1.6.2015 entry (j) of section 66D was omitted. However, benefit was given, with a restrictive scope) by way of exemption by adding a new entry (entry 47) in N No. 25/2012 dated 20.6.2012 w.e.f 1.6.2015. the relevant o .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e of ticket if event is held after 1.6.2015 and price of a single ticket is less than 500 or ₹ 500. Services provided by other person to you by selling ticket on your behalf on commission shall be taxable as they were prior to 1.6.2015. Regards Akash Deep - Reply By KASTURI SETHI - The Reply = Sh.Akash Deep Ji, I have gone through your comprehensive reply and I agree with you in toto. It has further raised cross query in my mind i.e. any celebrity who will perform musical event in this cas .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version