Classification of services
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 June 2012
ABCD NETWORKS MEDIA LLP
1. The Company is in the Business of Online Advertising.
2. The Main Service Recipients such as CRISIL, SNAP DEAL, SHAADI.COM, NAUKRI.COM etc.
Contact an Agent who in turn contacts Advertising agencies such as ADCHAKRA, G LISPA (German Company), KOMBLI, NETWORK PLAY, OZONE, TYROO and OMG who in turn contact ABCD NETWORKS MEDIA LLP.
3. ABCD NETWORKS outsources the work to publishers who are located in the various parts of the country. Also certain In-House publishing work is done by In-House Team (comprises of Staff employed by them).
4. ABCD NETWORKS remits payments in the nature of commission to the outside Publishers (only if the outside publishers generate minimum Threshold revenue of 50 US Dollars) on which TDS @ 1% or 2% as applicable is deducted.
5. Outside Publisher includes a publisher based in U.S.
6. The In-House Team is paid a Fixed onthly Salary.
QUESTION:
WHETHER THE SERVICE WILL BE TAXABLE UNDER BUSINESS AUXILIARY SERVICE OR ADVERTISING AGENCY?????????????
1. The Company is in the Business of Online Advertising.
2. The Main Service Recipients such as CRISIL, SNAP DEAL, SHAADI.COM, NAUKRI.COM etc.
Contact an Agent who in turn contacts Advertising agencies such as ADCHAKRA, G LISPA (German Company), KOMBLI, NETWORK PLAY, OZONE, TYROO and OMG who in turn contact ABCD NETWORKS MEDIA LLP.
3. ABCD NETWORKS outsources the work to publishers who are located in the various parts of the country. Also certain In-House publishing work is done by In-House Team (comprises of Staff employed by them).
4. ABCD NETWORKS remits payments in the nature of commission to the outside Publishers (only if the outside publishers generate minimum Threshold revenue of 50 US Dollars) on which TDS @ 1% or 2% as applicable is deducted.
5. Outside Publisher includes a publisher based in U.S.
6. The In-House Team is paid a Fixed onthly Salary.
QUESTION:
WHETHER THE SERVICE WILL BE TAXABLE UNDER BUSINESS AUXILIARY SERVICE OR ADVERTISING AGENCY?????????????
05 June 2012
The consideration is paid as commission which itself falls under Business Auxiliary sevices
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