Leviability of service tax on providing advertising service

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Dear sir, we hv small limited membership social & cultural club of one apartment . All members pays yearly subscripttion . The Club is registerd unde society registration act . Now the query is the club bring out Sovenior / Brochure after inviting Advertisements from Company's , business houses on chargeble basis . & with this fund so raised cultural functions are organised . What we do is providing space to advertiser in our brochure which then distributed to members & publis who attends our function . Now is this service are chargeble to service tax . If yes under what clause ? Can it fall uunder Advertisement .
Replies (2)

Selling of space for advertisements other than selling of the same to the Radio or T.V is exempt  from Service Tax being mentioned in the negative list,so you do not have any liability in this regard.

Thank you sir for your quick reply...dear sir 1 more question what was the status of leviability before negative list came into statue??


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