Sale of magazine is taxable or not under Dvat Act

This query is : Resolved 

28 January 2010 Sale of magazine is taxable or not under Dvat Act and income from advertising is direct income or indirect income.if we print the magazine from the party by suppply of print & papers than tds on works contract(DVAT) will be deducted or not and if we will not supply print & papers than .............. please suggest me.

29 January 2010 In my opinion sale of magazine is covered under entry no. 5 of first sch of DVAT-04 and Exempt being magazine is a periodicals and book. Advertisement is a Direct Income. please expain whether you are supplying paper and ink etc. or not so that I can answer the remaininig query.

29 January 2010 Thankyou sir for reply and please give me the answer in both case which u ask....


29 January 2010 sir would u give me full detail of all schdule of DVAT ACT in excel sheet or which u think good.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries