Concessional rate of service tax newspaper advt. @1.8 %

This query is : Resolved

JIMMY VADERA (Querist)
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07 August 2013 Hello,

My client is charging Service tax @1.8 % on newspaper advertising service. I am not able to search that by which notification they were given advise by some other consultant. Please provide notification number if anyone knows !

RENGARAJ R.K

RENGARAJ R.K (Expert)
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07 August 2013 The advertising agent is eligible for 15% commission on such advertising service. So, he is collecting 12.36% on 15% of his commission. It works out to 1.8%.

JIMMY VADERA

JIMMY VADERA (Querist)
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13 August 2013 How to show same under under service tax return and which notification number has to be mentioned ?

JIMMY VADERA

JIMMY VADERA (Querist)
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13 August 2013 Thank you Sir. It would be best if you can guide how to show same under under service tax return and which notification number has to be mentioned ?

RENGARAJ R.K

RENGARAJ R.K (Expert)
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14 August 2013 I think you are asking the query on behalf of the service provider.

Show the commission amount alone in the taxable turnover column and the service tax as 12.36%. There is no notification necessary for paying full tax. Notn is necessary for abatement or reverse charge.

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