Rcm on sponsorship
Anju. C.M (41 Points)
15 January 2020
if a company provide sponsorship to a cancer unit, is it company pay tax under rcm?
3 Replies
Aswini Kumar Palai
(2 Points)
Replied 15 January 2020
No, now only RCM is applicable on GTA @ 5% and advocate fee @ 18%
Anshuman Basu
(account -GST)
(1556 Points)
Replied 15 January 2020
Sponsorship services is still RCM। it's means services recever pay tax
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