Hello,
I am from India and If I am partnered with one of the foreign Adnetwork company situated in foreign country and they are providing the platform for publishing the advertisements and the revenue generated with this, they would pay thru wire transfer. There are many website owners (publishers) are associated with us and we publish those ads in their websites. Kindly let me know, if any service tax applicable on the below 2 scenarios.
1. Website owner & myself we both are in/from India. I have used the ad space by publishing the ads on their website, hence I would pay the website owner. Do we need to pay service tax or any other tax (apart from Income Tax) as we both are from India and this transaction occurred within India.
2. Website owner is in foreign country and I am in India. I have used the ad space by publishing the ads on their website, hence I would pay the website owner. Do we need to pay service tax or any other tax within India or foreign country.
CAclubindia
