Service tax on ad space selling


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Querist : Anonymous

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Querist : Anonymous (Querist)
17 July 2014 Dear friends.

Good Morning.

Please note that the budget for the current fiscal had deleted the adspace selling and advertisement from the negative list. So please let me know whether service tax registration is to be tkaen by such entities and collection is to be made from which date.

Thanks in advance.

17 July 2014 yes only when the gross reciepts exceeds rs 9 lakhs.


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