Sponship service or sale of space for advertisement service, Service Tax

[Neetu Bohara]

Sir, First of all Thanks for your reply for issue ID 262. Now please advice us If the receiver of service (sponsor) is not a corporate entity or firm whether we will be liable for service tax u/s 68(2) as we are a Company ? or Can our case be covered under the head "sale of space for advertisement service" if we book the income as income from advertisement?

Regds CA

Neetu Bohara

Posts / Replies

[Surender Gupta]

If the sponsor i.e. receiver of service is neither corporate entity nor firm, no service tax is payable at all by hte either party.