Tds on hire celebrity
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 September 2015
Dear experts,
company is engaged in real state business. and the company is planning to hire the celebrity for the grand opening of project site, i have two following Query below mentioned.........
(1)will company be liable to pay ST on hire of any celebrity,
(2)how much TDS is to be made on payment made to celebrity and which section covered...
thanks & regard
Shreya bansal
company is engaged in real state business. and the company is planning to hire the celebrity for the grand opening of project site, i have two following Query below mentioned.........
(1)will company be liable to pay ST on hire of any celebrity,
(2)how much TDS is to be made on payment made to celebrity and which section covered...
thanks & regard
Shreya bansal
26 September 2015
TDS 194C or 194J as the case may be.
194C when the celebrity is signed through its advertisers having the rights to sign for and on behalf of the celebrity (This is very common in cases of celebrities like Amitabh, Saina, Sania, Mahendrasingh, Virat, Sachin and like celebrities)
194J if you are paying them directly.
Company is NOT liable to pay Service Tax on the same unless ofcourse the said celebrity makes it a condition of the contract
194C when the celebrity is signed through its advertisers having the rights to sign for and on behalf of the celebrity (This is very common in cases of celebrities like Amitabh, Saina, Sania, Mahendrasingh, Virat, Sachin and like celebrities)
194J if you are paying them directly.
Company is NOT liable to pay Service Tax on the same unless ofcourse the said celebrity makes it a condition of the contract
26 September 2015
Service Tax is payable as the services provided by celebrities is not covered under negative list. However, liability to pay Service Tax is on the service provider. He is required to charge service tax and pay. Off course if such service tax is charged from you, you shall be eligible for cenvat credit.
The payment made by you s subject to TDS under Section 194J of the Income Tax Act.
The payment made by you s subject to TDS under Section 194J of the Income Tax Act.
26 September 2015
Service tax liablity is on celebrity itself and tds on service reciever. I agree with Rajesh ji
26 September 2015
No any doubt about the onus of liability of service tax.
There are celebrities who make it a point in the terms and conditions of the agreement that the service tax payable on this agreement shall be paid by the xxxxxxx and not the celebrity.
There are celebrities who make it a point in the terms and conditions of the agreement that the service tax payable on this agreement shall be paid by the xxxxxxx and not the celebrity.
26 September 2015
Liability of any tax is determined by law. Private contracts cannot alter the incidence of any tax. Liability to pay Service Tax is on service provider, and irrespective of any contract it has to be discharged by the service provider.
26 September 2015
except in reverse charge mechanism.
and as i said above...service tax is paid by Service Provider but BORNE by service receiver.
and as i said above...service tax is paid by Service Provider but BORNE by service receiver.
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
- Inventory of finished goods
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Confusion around Form 26QB fields
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Disallowance of Section 43B(h) to sez units
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- 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
