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    <description>Service tax is imposed on the grant of a right or permission to permit commercial use or exploitation of an event organized by a person or organization, meaning capture, telecast, broadcast or other commercial exploitation for consideration; personal use, broadcasting services and sponsorship services are excluded. The taxable service requires a connection to an event, grant of a right to another for commercial exploitation and payment of consideration; value is the amount received by the rights-holder, the grantor is liable to pay service tax, and recipients using the service commercially generally may claim cenvat credit.</description>
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      <description>Service tax is imposed on the grant of a right or permission to permit commercial use or exploitation of an event organized by a person or organization, meaning capture, telecast, broadcast or other commercial exploitation for consideration; personal use, broadcasting services and sponsorship services are excluded. The taxable service requires a connection to an event, grant of a right to another for commercial exploitation and payment of consideration; value is the amount received by the rights-holder, the grantor is liable to pay service tax, and recipients using the service commercially generally may claim cenvat credit.</description>
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