Topic

Sponsorship Services - GST Implications

Sponsorship is a key strategy for businesses looking to boost visibility and brand association at events. The expenditure incurred on marketing of business constitutes a significant portion of sponsorship services. Since the sponsorship is one of the major expenses incurred by the company, it is necessary to know about GST implications on said sponsorship services. The term Sponsorship has not been defined anywhere in GST Act but............ Read More