Concessional rate of service tax newspaper advt. @1.8 %
This query is : Resolved
07 August 2013
Hello,
My client is charging Service tax @1.8 % on newspaper advertising service. I am not able to search that by which notification they were given advise by some other consultant. Please provide notification number if anyone knows !
My client is charging Service tax @1.8 % on newspaper advertising service. I am not able to search that by which notification they were given advise by some other consultant. Please provide notification number if anyone knows !
07 August 2013
The advertising agent is eligible for 15% commission on such advertising service. So, he is collecting 12.36% on 15% of his commission. It works out to 1.8%.
13 August 2013
How to show same under under service tax return and which notification number has to be mentioned ?
13 August 2013
Thank you Sir. It would be best if you can guide how to show same under under service tax return and which notification number has to be mentioned ?
14 August 2013
I think you are asking the query on behalf of the service provider.
Show the commission amount alone in the taxable turnover column and the service tax as 12.36%. There is no notification necessary for paying full tax. Notn is necessary for abatement or reverse charge.
Show the commission amount alone in the taxable turnover column and the service tax as 12.36%. There is no notification necessary for paying full tax. Notn is necessary for abatement or reverse charge.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Disallowance of Section 43B(h) to sez units
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
