Service tax on books/ mags publishing

2556 views 2 replies

Dear friend(s)

Could anybody tell me about the service tax applicablility on Books/ Mags Publishing.

Suppose

Case-1 

I take jobwork of publishing books. I take manuscriptt from customers. I do composition. I get the films made by others and  get the printing and binding work done by others. Is it a sale of books or service? If service, how service tax will be applicable.

Case-2

I publish my own magazine. I get money from subscripttion, lifemembership, etc. I don't have any printing machine or binding manchine. I get all things for the magazine done by others. Like I get my magazines printed by some press.  I get my books bound from binders. Should I treat money from sale of magazines as money from books sale? I think it is a manufacturing type.

From- Sajid Eqbal, Accountant

Replies (2)

Your transaction is one of selling books and magazines applicable to VAT. In most States the VAT  rate for books and peridicals is nil. You may need to confirm that inthe scedulke of VAT in relevant state.

Thanks to Mr. Madhukar for reply.

My query is about applicablity of Service Tax on Jobwork related to books publishing.

Another problem is related to accounting-

Should I treat follwoing as Sale?

a. Sale of Magazines through subscriptttion, lifemembership fee, agency, etc & 

b. Jobwork bill 

In case of jobwork we draw bills mentioning cost of final product, i.e., paper cost, composing, designing, lamination, printing, binding, etc. for specific number of books.

 

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details