Services Tax for advertisement agencies
This query is : Resolved
10 July 2009
Dear Sir,
What is rate of services tas should be charges on advertising agencies.
Second he charge services tax to party 8%. (on profit of margin 15%) b’coz publication given advertisement agencies 15% margin on bill.
For example.
Bill Amount Rs. (To Party) 10000
given Discount to party 7%
(out of 15%) 700
After Dis. 9300
(profit of Margin 15% Rs.1395)
Services Tax 8% 111.6 117
Total Bill Amount Rs. 9417
(Profit of Margin 15% Less discount 7% Balance Margin 8%)
This is possible.
Sir Please Reply.
Sakhare
What is rate of services tas should be charges on advertising agencies.
Second he charge services tax to party 8%. (on profit of margin 15%) b’coz publication given advertisement agencies 15% margin on bill.
For example.
Bill Amount Rs. (To Party) 10000
given Discount to party 7%
(out of 15%) 700
After Dis. 9300
(profit of Margin 15% Rs.1395)
Services Tax 8% 111.6 117
Total Bill Amount Rs. 9417
(Profit of Margin 15% Less discount 7% Balance Margin 8%)
This is possible.
Sir Please Reply.
Sakhare
12 July 2009
ST will be charged on actual commission only.
29 May 2015
Could you send me any circular about this sir......
sreluri@gmail.com
sreluri@gmail.com
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