https://www.taxtmi.com/caselaws?id=31206 The Tribunal granted waiver of pre-deposit and stay of recovery concerning the service tax, interest, and penalty amount imposed on an advertising agency for not paying tax on the price money collected from clients for advertisement space sales. The decision was based on the appellants' argument supported by a recent circular from the Ministry of Finance, clarifying the tax liability of advertising agencies acting as intermediaries in the sale of advertisement space. en-us Wed, 25 Jun 2008 00:00:00 +0530 Thu, 23 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31206 The Tribunal granted waiver of pre-deposit and stay of recovery concerning the service tax, interest, and penalty amount imposed on an advertising agency for not paying tax on the price money collected from clients for advertisement space sales. The decision was based on the appellants' argument supported by a recent circular from the Ministry of Finance, clarifying the tax liability of advertising agencies acting as intermediaries in the sale of advertisement space. Case-Laws Service Tax Wed, 25 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31206