Tds applicabiltiy on payment for seminar sponsorship

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 April 2017 Hi

Please let us know tds would be applicable on payment for seminar sponsorship & participate in workshop/seminar.

Please clarify same.

Hitesh Rustagi

Guest

Guest (Expert)

12 April 2017 The section 51 of the GST Act states that liability to deduct the tax arises when the payment is made to the supplier or credited to supplier on account of supply of taxable goods or services.

The definition of services given under section 2(102) of the GST Act is as follows :

(102) “services” means anything other than goods, money and securities but
includes activities relating to the use of money or its conversion by cash or by any
other mode, from one form, currency or denomination, to another form, currency or
denomination for which a separate consideration is charged;

Thus services mentioned above will fall under the definition of services read with place of supply unless any exemption /Notification issued in this behalf