advertising space/time-sale of

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hai experts,

An advertising agency pays some remuneration to a company for utilizing their space for exhibiting an advertisement of another company(the agency's client). what is the service tax liability on the remuneration received from the agency under 'sale of advertising space/time'?

AI Summary

Service Tax Applicable on Remuneration for Advertising Space Under 'Sale of Advertising Space/Time' Category An advertising agency pays a company for using its space to display advertisements for the agency's client. The query concerns the service tax liability on the remuneration received by the company for this service. The response indicates that service tax is applicable to such transactions under the category of 'sale of advertising space/time.'