Hi,
I've just started my events company in Bangalore and conducting my first event soon. What taxes do I need to charge on event tickets apart from Entertainment Tax?
My revenue from ticket sales of this event will most likely exceed 10 Lakh, will I need to pay service tax on this as well?
Awaiting your guidance.
Thanks and Regards,
Mudit
Any entertainment event which is intended to provide recreation,fun or enjoyment like dance, music, drama etc. or even any amusement facility like gaming devices, water park etc. will come under NEGATIVE LIST u/s 66D & not liable for service tax.
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