Service Tax on Hoarding & Advertising in News Paper

[AMIT JAIN, Advocate]

Dear Friends, Myself Amit Jain, Adv. My query :-

 Is service tax applicable on Hoarding & Advertising in News Paper?

because some expert says that 'Service Tax on Hoarding & Advertising in News Paper' is withrawn from lat 1 month. please solve my query and guide me as soon as possible.

 

 

AI Summary

Debate on Service Tax for Advertising: Exemptions Under Section 66D(g) of the Finance Act, 1994 Explained A legal discussion forum addressed the applicability of service tax on hoarding and newspaper advertising. The query referenced Section 66D(g) of the Finance Act, 1994, which includes a Negative List exempting certain advertisement spaces from tax, such as print media and billboards. Services by advertising agencies for creating ads are taxable. Another user inquired about service tax on services provided to a company for advertising during festivals, questioning if these fall under the Negative List. The discussion emphasized differentiating between exempted space sales and taxable advertisement creation services.