One of my client doing Advertisement agency i.e., getting orders from the customers and giving to publication (Print Media) Raise bill to customer against publication bill after receiving payment paid to publication after deducting their commission like 10 or 15%. In this income is covered under service tax? please clarify.
Yes,he is liable to pay service tax as an advertisement agent.only advertisements on hordings and news paper only are in negative list.As an agent he should pay ST
Exemption is only for selling of space for advertisement except in radio and TV. Other services are taxable.
Thank you for the information
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
