An event management company provided services for organizing a sporting event for a Sports Federation which is held in multiple States? What would…

CA Intermediate · Taxation · MTP · May 2024
An event management company provided services for organizing a sporting event for a Sports Federation which is held in multiple States? What would be the place of supply of services in this case?

Suggested Answer and Working Notes:

Since the event is being held in multiple states and a consolidated amount is charged for such services, the place of supply will be deemed to be in each State in proportion to the value for services determined in terms of the contract or agreement entered into in this regard. In the absence of a contract or agreement between the supplier and recipient of services, the proportionate value of services made in each State (where the event is held) will be computed in accordance with IGST Rules by the application of generally accepted accounting principles.

Topics: Paper 3A: Income Tax Laws, Paper 3B: Goods and Services Tax

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