Good Afternoon Sir,
I have one query regarding GST
One my client is association of
persons (All are doctors). This association is going to hold a National Level
Conference after 2 month. They are taking a sponsorship for this conference,
which is around Rs.40 Lacs and Expenses of Conference is around Rs.37 lakhs.
Whether the association is required
to take GST Registration?
If yes, can it take registration as
Casual Person?
Reply
Dear
Sir,
Sponsorship
service under GST is covered under RCM i.e. liability to deposit tax with the
government is on receiver of service.
If
receiver of sponsorship service is any body corporate or partnership firm then
such body corporate or partnership firm is liable to pay GST under Reverse
charge mechanism.
As
your client is providing sponsorship services in a conference, it will be fall
under RCM if the said sponsorship service is supplied to anybody corporate or
partnership firm.
Otherwise
normal charge is applicable.