04 December 2019
XYZ company (Mumbai) from Event Industry, having its event in Hyderabad. contract of Ticket Selling for the event is given to Book my show (Mumbai) on commission basis. Book my show will Charge IGST on tickets & sell the tickets on behalf of XYZ Co. At the end, Book my show will pay all the collected amt to XYZ Co after deducting its Commission.
In above case, XYZ Co has to issue bill to Book my show for the whole amt at which tickets are sold by Book my show.
Query is, Whether XYZ co has to charge IGST or CGST-SGST on the bill to be issued to Book my Show, As event will happen in Hyderabad, XYZ Co & Book my show both are Mumbai Based.
04 December 2019
Yes , CGST & SGST will be charged As per provisions of the Sub – Section (7) of the section 12 of the IGST Act, place of supply for the services provided by the registered person for events provided to the registered person, shall be location of the such registered person
04 December 2019
Is there a possibility of XYZ co. to charge IGST in any of the below scenario, scenario 1. as if tickets sold at venue through counter sale by book my show(BMS) in hyderabad at place of venue of event scenario 2. XYZ has taken services of BMS, & they have transferred the collected amount after deducting its commission from its hyderabad registered office/branch charging commission with IGST
do clarify if any possiblity of IGST can arise for XYZ co.?
CAclubindia
