Services by way of sponsorship of sporting events organised by Central Civil Services Cultural and Sports Board is exempted from paying GST
Is my Services by way of sponsorship of sporting events organised by Central Civil Services Cultural and Sports Board exempt from paying GST? No GST applicable for Services by way of sponsorship of sporting events organised by Central Civil Services Cultural and Sports Board? Should I need to pay GST on services by way of sponsorship of sporting events organised by Central Civil Services Cultural and Sports Board?
As per GST Law 2017, there is no GST payable on Services by way of sponsorship of sporting events organised by Central Civil Services Cultural and Sports Board.
So the rate of GST payable on Services by way of sponsorship of sporting events organised by Central Civil Services Cultural and Sports Board is nil rate.
There are six GST tax slabs – 0, 5, 12, 18, 28, and 28 percent plus cess. 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.
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