sponsor ship fees
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 August 2010
i would like to know is there pan card required in case when a company is sponsoring a non profit college society for a fest??And its provisions relating to service tax....please guide asap!!
17 August 2010
Not sure of PAN card , however the comapny needs to discharge service tax @ 10.30% as receipient of service on the sponsorship amount paid to society.
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