WebMar 14, 2024 · GST payable under RCM on Sponsorship Services. If “Sponsorship Services” provided by any person to a Body Corporate or a Partnership Firm, then that Body … WebAug 29, 2014 · Service tax liability is Rs. 1,00,000*14%*70% = 9800. (30% abatement) Suppose service receiver is liable to pay 50% of service tax under reverse charge mechanism. which is 4900 ( 9800/2). Service provider will charge bill of Rs. 104900 (100000+ 4900) So he is collecting half of the service tax and paying to government.
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WebJan 23, 2024 · The recipient have to take compulsorily GST registration if the services is covered under RCM. Thus if the recipient of sponsorship services is unregistered and is … WebJan 26, 2024 · Sponsorship services provided to any Body corporate or partnership firm. Any person. Any Body Corporate or partnership firm located in taxable territory. 18%. 5. … cure window
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WebYeah Racing will support your RC Communities! If you are an event organizer seeking for a sponsor, please email us a copy of your business license and /or your race event flyer. Depending on the size of your event, we will send you a Sponsor-Pack corresponding to the event size to support your event (s). What we require back simply are photos ... WebJan 3, 2024 · After the applicability of RCM on goods & services, the next important thing to know is the working & Reporting of the RCM in the current System of GST Return Filing. Currently, the Reverse Charge details are furnished in GSTR-1 ( auto-populated to GSTR-2A) and GSTR-3B. Reporting of supplies under RCM in GSTR-1. WebRehoboth operates three social enterprises: Coaldale Garden Centre and Wood Shop, New to You in Three Hills and the most recent, Bridgespan Café & Grill in Acheson. We offer trai cure window repairs