Serice Tax

[Hardik Sharma]

HI!! Are vouchers issued by a company to newspaper company in lieu of advertisement services provided by newspaper company liable to service tax on issue of vouchers by the former company? Please clarify.

AI Summary

Service Tax Clarification: Newspaper Company Liable for Tax on Ad Services, Voucher Issuance Not Taxable Service A query was raised regarding the applicability of service tax on vouchers issued by a company to a newspaper company for advertisement services. It was clarified that the newspaper company, as the service provider, is responsible for paying the service tax. The company issuing the vouchers, as the service receiver, is not liable for the tax. Additionally, issuing a voucher is not considered a service subject to service tax. The response was acknowledged with gratitude.