Question

 GST and LBET

20 Dec 2024
Answer :
Word Count : 240

GST (Goods and Services Tax) and LBET (Local Body Entertainment Tax) are two important tax structures that event planners must be aware of when organizing events.

GST is a value-added tax levied by the government on the supply of goods and services, including event management services. Event planners must charge GST on services like venue booking, catering, decorations, and entertainment. ______ _________ _________ _______ ________ __________ _______ __________ ______ _______.
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Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★
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