Service Tax on Advertising Agency
This query is : Resolved
Mohd Sarfaraz Latibani
(Querist)
05 August 2010
I have opened a magazine and I am receiving advertisement receipts from my clients.
1.Do I need to add service tax on the bill amount.?
2. What is the exemption limit under service tax?
3. I am paying amount to a publisher for printing of magazine and he is charging service tax on the whole amount, Can I claim that service tax?
4. My client is deducting TDS on whole amount of bill. After adding service tax will they deduct TDS on whole amount or only on Taxable amount before service tax?
Thanks
1.Do I need to add service tax on the bill amount.?
2. What is the exemption limit under service tax?
3. I am paying amount to a publisher for printing of magazine and he is charging service tax on the whole amount, Can I claim that service tax?
4. My client is deducting TDS on whole amount of bill. After adding service tax will they deduct TDS on whole amount or only on Taxable amount before service tax?
Thanks
CMA Ramesh Krishnan
(Expert)
05 August 2010
1 & 2. If the turnover more than Rs.10 lakhs need to charge service tax
3.you can take credit on input services
4 tds applicable on the whole bill ( including service tax) u/s.194C
3.you can take credit on input services
4 tds applicable on the whole bill ( including service tax) u/s.194C
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- Capitalgain tax purposes for valuation report compulsory
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- Oct 2025 Invoices
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- Non filing of I T Returns
- Under marginal scheme
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- TAX AUDIT ON PROFESSIONAL INCOME
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
