We are paying Listing Fees to Future Retail Ltd for Listing of Some FMCG products, Future Retail has Given Tax Invoice without Service Tax saying that Service Tax is not aplicable on the Listing Fees.
Kindly guide me for the same.
1 Replies
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 23 March 2015
As per clause (g) of Sec 66D(Negative list of services) ,selling of space for advertisements in print media is a negative service.
Product listing service is as good as selling space for advertisement and thus chargeable to ST.
Since, as per Sec 68(1) of FA,1994 -the liabity to pay tax is of service provider , you as a service receiver need not to worry.
Recent Topics
- CA Articleship form 112
- ITC for tax paid under RCM
- Loss adjust
- GST registration -rent Agreement
- Study partner for CA Final- Jan 26
- Sir, ITC is not showing in GSTR-3B, what to do
- Capital Gains on Industrial Property...
- While making correction in form-26QB getting - Maj
- Late interest penalty of missed invoice forgot to
- LONG TERM CAPITAL GAIN ON HOUSE
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
