Dear bees,
Please help me on the service tax applicability to the advertising services, particularly issues like
1. on what amount i should include service tax in my service invoice? whether on the full amount of expenditure (incurred on behalf of my client for broadcasting / telecasting his add / paid to broadcasting channels bill is in my name) and my service commission , or only on my service commission part alone.
2.service tax credit on the tax amount included in the channels bill
3.TDS deducted by the client on making payment to me ( it is on the full amount of bill i.e., reimbursed expenditure and my commission both,
4.finally what is the accouning entries in my ( advertising agencies) books?
please reply as soon as possible,
With regards,
karuna
CAclubindia
