Urgent
This query is : Resolved
02 July 2015
what is service tax applicability on entry fees on parks, playgrounds, swimmimng pool?
02 July 2015
Hi! This has been introduced in the Finance Bill, 2015:
Exemption to service by way of right to admission to,-
(i) exhibition of cinematographic film, circus, dance, or theatrical performances including drama
or ballet.
(ii) recognized sporting events.
(Iii) concerts, pageants, award functions, musical performances or sporting events not covered by
S. No. ii,
where the consideration for such admission is up to Rs. 500 per person.
Rgds,
Ramesh
Exemption to service by way of right to admission to,-
(i) exhibition of cinematographic film, circus, dance, or theatrical performances including drama
or ballet.
(ii) recognized sporting events.
(Iii) concerts, pageants, award functions, musical performances or sporting events not covered by
S. No. ii,
where the consideration for such admission is up to Rs. 500 per person.
Rgds,
Ramesh
02 July 2015
Hi Aprajita,
It will be applicable from 1 June 2015
Following changes in Mega Exemption Notification No. No. 25/2012-ST dated June 20, 2012 made vide Notification No. 6/2015-ST dated March 1, 2015 effective from June 1, 2015
New Exemption:
Entry 47: Services by way of right to admission to:
a. exhibition of cinematographic film, circus, dance, or theatrical performances including drama or ballet;
b. recognized sporting events;
c. award functions, concerts, pageants, musical performances or any sporting events other than recognized sporting event,
where the consideration for such admission is up to Rs. 500 per person
Rgds,
Ramesh
It will be applicable from 1 June 2015
Following changes in Mega Exemption Notification No. No. 25/2012-ST dated June 20, 2012 made vide Notification No. 6/2015-ST dated March 1, 2015 effective from June 1, 2015
New Exemption:
Entry 47: Services by way of right to admission to:
a. exhibition of cinematographic film, circus, dance, or theatrical performances including drama or ballet;
b. recognized sporting events;
c. award functions, concerts, pageants, musical performances or any sporting events other than recognized sporting event,
where the consideration for such admission is up to Rs. 500 per person
Rgds,
Ramesh
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Disallowance of Section 43B(h) to sez units
- GST Regis.
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- REGARDING ACCOUNTING CODE FOR SERVICE TAX PAYMENT
- Redevolpment of bldg in mumbai
- Refund of AY 22-23
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
