Presently, ST is charged only on 15% of the total bill amount, being Commission but on Media Space, which is 85% of total bill.
Under GST rate on Sale of Media space is 5%.
My query is: What rate small Ad. Agency should charge to its clients -5% for value of Media Space + 18% for commission by making 2 separate bills or 18% on total bill amount by making one bill?
Thanks
Menu
GST rate for small Advertising Agency?
Replies (3)
You can do charge 5% and 18% if 2 separate bills are made. If single bill is made 18% tax rate would be applicable on mixed supply.
You can choose to do as it suits you.
Regards
www.gstsamadhaan.com
GST Samadhaan - Helping SMEs with GST
Hi Please let me know as an advertisng agency, what is the rate structure for gst to be charged on the clients?
GST Rate for Artwork charges from ad agency?
Recent Topics :
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
Related Topics :
CAclubindia
