TaxTMI 
TaxTMI 
Space in Print media - Liability and taxability under which category
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....pace in Print media - Liability and taxability under which category<br> Query (Issue) Started By: - paresh zatakia Dated:- 11-6-2006 Last Reply Date:- 12-6-2006 Service Tax<br>Got 2 Replies<br>Service....
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.... Tax<br>one person buys space in print media e.g.Times of India, and sells to his customers,earns margin of 15%.He does not prepare bromide,ad draft etc. is he liable to service tax? if yes under whic....
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....h section? on which amount his margin or total sale value? Reply By Surender: The Reply: If the activity is neither related to advertisement service or sale of space, then the commission received fro....
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....m sale of space in the print media will be taxable under "Business Auxiliary services". Reply By Madhukar N Hiregange: The Reply: He is liable under advertisment agent. He could also be catgeorised un....
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....der Busienss Auxliary service since he is only earning a commision as a commision agent. In my view the first category is more specific therefore appropriate. If ion 1st then only on commision. If in....
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.... second there maybe no ST as he is merely a service reseller.<br> Discussion Forum - Knowledge Sharing ....