we have advertising agency

This query is : Resolved

muvvasrinivas (Querist)
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31 March 2009 Dear Sir/ Madam
i have add agency our service tax is total 99000/- total taxable or is nay exemption available please tel me sir

SIDDHARTHA SANKAR ROY

SIDDHARTHA SANKAR ROY (Expert)
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31 March 2009 If you want to reduce your tax liability, then you can take credit of central excise duty/service tax paid on capital goods, inputs and input services as per CENVAT credit Rules.

You can take benefit of Exemption notification No 12/2003-ST dated20.06.2003 which allows value of goods and material sold by you to your client if any.