TaxTMI 
TaxTMI 
We have paid annual subscription for business magazine to be received from foreign country i.e. from USA. Kindly let us know whether we have to pay service tax under reverse charge method?
Regards,
VINAY
Annual subscription for business magazine from USA -payment of Service Tax in India.
11 Mar 2014 
1 Reply 
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Treatment of magazines as goods means foreign magazine subscriptions do not attract service tax under reverse charge.
Magazines and periodicals are classified as goods; accordingly, subscription supplies of magazines received from abroad do not constitute taxable services and do not attract service tax under the reverse charge mechanism, and the cited notification provisions are not applicable to such transactions. (AI Summary)
Magazines and periodicals are classified as goods; accordingly, subscription supplies of magazines received from abroad do not constitute taxable services and do not attract service tax under the reverse charge mechanism, and the cited notification provisions are not applicable to such transactions. (AI Summary)