25 October 2009
Dear Expert(s), I am the sole proprietor of a regional website. I publish mainly regional information and some advertisements to cover the cost of maintaining the website. I recently registered for service tax under the category of "advertisement" as that is the service that fetches revenue. (The online regional info is free for all.) Is that the right category? The only other relevant category is "online information & database access or retrieval". That is not an exact match since I do not provide database services. Pl. advise. Thanks, Usha
28 October 2009
Thankyou Sir - If I register in that category, can I call myself a "service provider of online information and advertisements" ? I would like to be an authorized service provider of online information. Clarification on this is highly appreciated. Thanks, Usha
28 October 2009
If your websites earns revenue through selling of online information or database retrieval then only you are liable to be taxed under " Online information and database retrieval service". But you can always add this service to your existing S.T registration if ur already registered.
29 October 2009
Thanks again for the clarification - Just want to make sure that no-one will raise objection to the "online info" part. Some influencial competitor might do that. If I register in 2 categories, please let me know if I have to pay (12% + 12%)ST on the revenue from ads. Thanks, Usha
CAclubindia
