Sponsorship Service

[SANDESH SHINDE]

Dear Sir,

If we as Body corporate sponsors any event i.e. in any event our hoardings are displayed that's we pay service tax in case of Sponsorship service. So in ST3 return where we have to show it as a Service provider or under Service Receiver.Please explain,thanks and Regards.

AI Summary

Service Tax on Sponsorship Services: Report as Service Receiver per Notification No. 30/2012-ST in ST-3 Return. A query was raised regarding the correct reporting of service tax for sponsorship services in the ST-3 return. Specifically, it questioned whether a body corporate that sponsors an event, thereby having its hoardings displayed, should report as a service provider or service receiver. A response clarified that, according to Notification No. 30/2012-ST, the service tax for sponsorship services is entirely payable by the service receiver. Therefore, the entity should report as a service receiver in the ST-3 return. Another participant confirmed this explanation without further additions.