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Service tax on sports activities

This query is : Resolved 
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(Querist)
17 July 2015 Dear Sir,

We are arranging Sports Event on Behalf of our Religion spread out India wide.We are expecting Expenditure to the tune of Rs.40 Lacs for the Event.We wish to know the Service Tax Implication of the same.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 July 2015 Only specified bodies are exempted from service tax hence service tax applicable to you.
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Vijay

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Vijay (Querist)
17 July 2015 Dear Sir,

We will not collect any amount from the teams or any bodies for playing in the event.So How to arrive Tax Value of Service.It should be paid as Service Recipient or Service Provider, if so under which head of service.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 July 2015 Service providers will be charging service tax on service rendered to you on different services.
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Vijay

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Vijay (Querist)
17 July 2015 So Can i Claim Refund of the Service Tax Paid as a Service receipient.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 July 2015 No you can't claim any refund only cenvat credit can be taken if you are paying any out put tax on this sports event.
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