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Print media business

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 February 2012 thnxs in advance for your views....

m running a print media business(pvt co)of selling wedding magazine..we hve folloeing issuses...

1-Should we pay VAT for Magazine selling(TAmil Nadu)?
2-Should we collect service tax from Advertisers?
3-Should we deduct TDS? what parties are exempted from it?
4-Wht should be proper accounting system?

Thnxs again for your valuable opinion....
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Arun Gulati

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Arun Gulati (Expert)
04 February 2012 with regard to service tax, you are liable to pay service tax..now the question has to examine whether you fall under advertising service or selling of space service, will depends upon your facts.
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