Input Service Tax

This query is : Resolved

seshadev sahoo (Querist)
Follow

24 May 2011 If the Assessee have published his add in outside the India thru foreign publishers then get the bill from them. In this case is the service tax is applicable ? Can the party imposed the service tax on its bill ? or its exempted.

thanks

CA Unnikrishnan Nair N

CA Unnikrishnan Nair N (Expert)
Follow

24 May 2011 No service tax on ads in print media.

seshadev sahoo

seshadev sahoo (Querist)
Follow

25 May 2011 Sir,
If same transaction arise on taxable service then service tax is applicable or not

CA Unnikrishnan Nair N

CA Unnikrishnan Nair N (Expert)
Follow

25 May 2011 If it amounts to import of service, the service receiver in India is liable to service tax under reverse taxing mechanism. To give an opinion on this, the service needs to be classified because for each class of service the tests are different.

seshadev sahoo

seshadev sahoo (Querist)
Follow

27 May 2011 Sir,
I've confused that in this transaction we are the import service receiver but it utilised in out side India for foreign business promotion. So is it not a extra duty paid which we cann't aquired from the party or any body.

Thanks,

CA Unnikrishnan Nair N

CA Unnikrishnan Nair N (Expert)
Follow

27 May 2011 Advertisement in print media is not taxable.Hence there is no need to apply the test of import of service.

seshadev sahoo

seshadev sahoo (Querist)
Follow

27 May 2011 Thanks Sir

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok