Hi there,
I have certain confusion regarding the bill to be issued for sponsership service
We have provided the bill including the service tax to the service receiver. I think that it is mandatory to mention service tax in the bill even if you come under the reverse charge mechanism.
But the service receiver want the bill without that service tax in the bill and says we will pay the tax, you have no need to mention service tax in bill
Please solve the above query
Thanks
"(iii) provided or agreed to be provided by way of sponsorship to anybody corporate or
partnership firm located in the taxable territory;" Pls refer these lines in the notification no. 30/2012. If you are providing sponsorship service to a body corporate or PF, then you need not and should not raise service tax in your bill, though you registered under service tax. You need to mention in the bill "service tax will be discharged by service receiver as per notification no. 30/2012". This sentence in the bill releives you from service tax liability and creates liability on service tax provider.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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