RCM ON SPONSORSHIP

[KVRAVI RANGARAAJAN]

IS SPONSORSHIP BY A CORPORATE FOR A PARTICULAR EVENT, TO THE EVENT MANAGEMENT ORGANIZATION (SAY, A SOCIETY OR TRUST REGISTERED UNDER GST) IS ELIGIBLE FOR RCM ?

[KASTURI SETHI]

Notification No.13/17-C.T.(Rate) dated 28.6.17

Sl. No.

Category of Supply of Services

Supplier of service

Recipient of Service

4

Services provided by way of sponsorship to any body corporate or partnership firm.

Any person

Any body corporate or partnership firm located in the taxable territory.

[YAGAY andSUN]

We do endorse the view of Kasturi Sir.

[KVRAVI RANGARAAJAN]

is any person means only individual or a registered society/trust can also included

[KASTURI SETHI]

As per definition of " person" under GST Act.

[Ganeshan Kalyani]

Sponsorship service is covered under reverse charge notification.

[Ganeshan Kalyani]

(84) “person” includes–

(a) an individual;

(b) a Hindu Undivided Family;

(c) a company;

(d) a firm;

(e) a Limited Liability Partnership;

(f) an association of persons or a body of individuals, whether incorporated or not, in India or outside India;

(g) any corporation established by or under any Central Act, State Act or Provincial Act or a Government company as defined in clause (45) of section 2 of the Companies Act, 2013 (18 of 2013);

(h) any body corporate incorporated by or under the laws of a country outside India;

(i) a co-operative society registered under any law relating to co-operative societies;

(j) a local authority;

(k) Central Government or a State Government;

(l) society as defined under the Societies Registration Act, 1860 (21 of 1860);

(m) trust; and

(n) every artificial juridical person, not falling within any of the above;

[Ganeshan Kalyani]

Society, trust is also a person under gst.

[DR.MARIAPPAN GOVINDARAJAN]

Very good information for updation. Thank you all.

AI Summary

Corporate Sponsorship for Events by Societies Under GST Subject to Reverse Charge Mechanism, per Notification No.13/17-C.T.(Rate). A discussion on a forum addressed whether sponsorship by a corporate for an event, managed by an organization such as a society or trust registered under GST, is subject to reverse charge mechanism (RCM). Participants referred to Notification No.13/17-C.T.(Rate) which specifies that services provided via sponsorship to any body corporate or partnership firm are eligible for RCM. The definition of 'person' under the GST Act was clarified to include societies and trusts, confirming that they fall under the RCM provisions. The discussion concluded with appreciation for the shared insights.