Medical Professional Asociation is holding Conference in India where participants all over the country as well Foreign delegates would participate. Association received amount by way of sponsorship as well as participation fees from members as well as non members towards conference to meet with the cost of conference. However, Association is also expecting profit of about 10 lacs from the said Conference.
Are the amount received by Association towards following are liable for service tax?
- Amount received towards Sponsorship of Conference
- Participation Fees
Since, now under definition of taxable service even scope is extended to cover person other than commercial concern also. Whether service tax liability would be arise and if yes, under what service the same is liable?
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