Service tax on advertisement agency

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 March 2015 Dear all expert
plz let me know how much ST percentage is applicable on advertisement service does this service falls in under (RCM)

thnk

Mahesh Paryani

Mahesh Paryani (Expert)
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14 March 2015 Service tax on advertisement services is currently 12.36% and after notification to effect the budget 2015 it will be 14% + 2%.

Advertisement in print media is exempted from service tax. and there is no reverse charge mechanism in advertisement.

Regards