Is GST tax applicable for Sponsorship service to corporates other than sports event

 

GST tax slab rate on displaying the sponsor’s company logo service?  How much GST for sponsor’s company trading name service? 


Click here to know GST rate for this service 

The details about GST rate changes for Sponsorship service provided to any body corporate or firm, other than sponsorship of sports event are being updated here.  The notification changes on exemptions for GST for sale of Sponsorship service provided to any body corporate or firm, other than sponsorship of sports event and other circulars related to GST for Sponsorship service provided to any body corporate or firm, other than sponsorship of sports event are updated in this website.

 

Is GST tax applicable for Sponsorship service to corporates other than sports eventSponsorship 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 donations or gifts, given by the donors subject to the condition that the service provider is under no obligation to provide anything in return to such donors

 

Goods and Service Tax (GST) rate tariff in India is designed in 6 categories of goods and services.  Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively.  Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%.   The most essential goods and services attract nil rate of GST under Exempted Categories.     Luxury goods and services and certain specific goods and services   attract additional cess than 28% GST.

 

The exempted categories under Sponsorship service provided to anybody corporate or firm, other than sponsorship of sports event is being published by GST authorities soon, where no GST is payable for such categories of service.  You may read GST exemption list of services, once published.

 

The above information is about GST rate for Sponsorship service provided to anybody corporate or firm, other than sponsorship of sports event. This post is being updated with latest changes in GST rate for service giving the sponsor exclusive or priority booking rights? update on latest GST notification on sponsoring prizes or trophies for competition service and amendments related to GST on Sponsorship service provided to anybody corporate or firm, other than sponsorship of sports event.

 

Comment below your thoughts about Sponsorship service provided to anybody corporate or firm, other than sponsorship of sports event.


Click here to know GST rate for this service 

 

Click here to know GST rate on Goods and Services

 

Click here to know GST exemption list of goods and service

 

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Indian GST charges on displaying the sponsor’s company logo service

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Comments


shashikant wagh: is the GST applicable on sponsorship payment ? Please advice rate if applicable. and which type of sponsorship.

Ajoy Kumar Das: Is GST applicable on Sponsorship payment ? If so, at what Rate ? If not, what is the Exemption Clause ?

Ajoy Kumar Das: Whether GST is applicable for Delegates attending Seminars / Symposium / Workshop not specially intended for payer, and is open to any participant ? If so, at what Rate ? If not, exemption under what Clause ?

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