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Space in Print media - Liability and taxability under which category, Service Tax |
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Space in Print media - Liability and taxability under which category |
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one person buys space in print media e.g.Times of India, and sells to his customers,earns margin of 15%.He does not prepare bromide,ad draft etc. is he liable to service tax? if yes under which section? on which amount his margin or total sale value?
Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
If the activity is neither related to advertisement service or sale of space, then the commission received from sale of space in the print media will be taxable under "Business Auxiliary services".
He is liable under advertisment agent. He could also be catgeorised under Busienss Auxliary service since he is only earning a commision as a commision agent.
In my view the first category is more specific therefore appropriate. If ion 1st then only on commision. If in second there maybe no ST as he is merely a service reseller.
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