16 January 2011
Whether amount paid for booking of space and time for advertisement falls under advertising services?
Querist :
Anonymous
Querist :
Anonymous
(Querist)
17 January 2011
No. The Government vide its Circular No. 341/43/96-TRU, dated 31-10-1996 has clarified that the amount paid by the advertising agency for space and time in getting the advertisement published in print media, i.e., news papers, periodicals, etc., or the electronic media, i.e., Doordarshan, private TV Channels, All India Radio, etc., will not be includible in the value of taxable service for the purpose of levy of service tax