Services Tax for advertisement agencies

This query is : Resolved

Vijay Sakhare (Querist)
Follow

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

Rajesh Kumar

Rajesh Kumar (Expert)
Follow

12 July 2009 ST will be charged on actual commission only.

CA E SRINIVASA RAO FC.A.

CA E SRINIVASA RAO FC.A. (Expert)
Follow

29 May 2015 Could you send me any circular about this sir......

sreluri@gmail.com

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Pavithra Doss

vinal

CA. Urmila Mahalwal

zafar chandwale

Suranjan Das

Subscribe Now

Services Tax for advertisement agencies

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA