11 November 2012
We are a automobile manufacturing concern. We get advertisment work done from ad agencies. Details are as- 1. We have to pay 50% of the agreed amount as advance. 2. We have got the break up of work to be done from ad agency.
Break up as below- 1. Base usage charges 2. Inhouse production includes studio hire charges, transportation, food and beverage. 3. Digital image processing 4. Agency supervision. 5. Service Tax @ 12% on above.
Please confirm at what rate and under which section we have to deduct TDS.