Can some one Explain whether there is any composition scheme for advertisement agency service or whether such service has to be taxed at full rate
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What is the rate of Service Tax for Advertisement Agency
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There is no composition scheme for Ad agency Servi ce .However, you can take benefit of goods sold by the agency to it's clients(Notf 12/2003-ST dated 20.06.2003.
If the ad agency is merely canvasing the advertisements for publishing in the newspaper, then tax is to be paid on commission only.
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