An advertisement agency, raised service tax on the bill @ 1.85%. Service tax is 12.36%, balance 10.51% who has to pay?
is advertisement givers to pay? can we take this as cenvat credit?
Please clarify
Jitendra
LAKKARAJU JITENDRA (ASST.MANAGER - ACCOUNTS) (57 Points)
19 June 2013An advertisement agency, raised service tax on the bill @ 1.85%. Service tax is 12.36%, balance 10.51% who has to pay?
is advertisement givers to pay? can we take this as cenvat credit?
Please clarify
Jitendra
Rajani nautiyal
(taxation)
(27 Points)
Replied 19 June 2013
Vikas Dighe
(Tax Consultants)
(49 Points)
Replied 03 July 2013
plz give me a break up of service tax & education cess on advertisement expenses i.e. 1.85%
and the balance of 12.36% is 10.51%, service receiver will be payable or not?
thanks in advance
vikas
Nirav Worah
(CHARTERED ACCOUNTANT)
(396 Points)
Replied 04 July 2013
Siddharth
(Accountant)
(342 Points)
Replied 13 December 2013
Dear Nirav sir,
Please show us any example so that we can understand properly.
Thank you.
Deepak Rampuriwani
(Audit Officer )
(42 Points)
Replied 20 July 2014
can any one plz clarify the ST issues on advertisement
Thanks
Deepak Kumar Dontula
(Tax Consultant and Audit Assistant)
(24 Points)
Replied 07 April 2015
Please provide if there is any notification on such 15% clause.
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