Partial reverse charge

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CA Vandana Goyal (Querist)
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04 August 2012 Definition of Work Contract after 01st July 2012.... to see whether advertisement contract are covered under work contract.

Nilesh

Nilesh (Expert)
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04 August 2012 Please provide more facts as advt also covered under negative list, also is there any transfer of property in goods while performing services.

CA Vandana Goyal

CA Vandana Goyal (Querist)
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04 August 2012 i want to know about simple advt. for eg:- contract for advt on board, hoardings, magazines etc..

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CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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04 August 2012 Advertisement service is not works contract..advertisement through board, horading, magazines etc are covered by negative list and service tax will not be applicable.
thanks

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CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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04 August 2012 w.e.f 01st July 2012 all type of advertisement services are exempt from service tax except where Sale of space or time for advertisement are broadcast on radio or television or Sale of time slot by a broadcasting organization.

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visu iyer

visu iyer (Expert)
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04 August 2012 Even after 01st July 12,
the works contract refer only to CONSTRUCTION as per service tax (finance act)
Pl. don't mingle advt contract to works contract

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RENGARAJ R.K

RENGARAJ R.K (Expert)
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04 August 2012 The works contract says about not only construction but also maintenance and repair works of goods where material and labour is involved. But advertisement service will not come under works contract.

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