GST and LBET
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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