Sponsorship fees receipt other than sports sponsorship is covered under RCM. I have following queries.
Organisation A (GST registered) is holding an event for which sponsorship is of X amount is received from B.
In the above case who is service supplier and who is recipient?
Who should raise the tax invoice, A or B?
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Sponsorship fees GST
Replies (1)
Service Supplier is B. Recipient is A.
A should raise a self-invoice for the sponsorship services received from B, as GST is payable under RCM by A.
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