29 April 2024


News

#GST: Govt Clarifies Applicability of GST on Selling of Space for ads in Print Media - 24.08.2017

Govt has clarified that selling of space for ads in print media is leviable to GST @ 5%, if ad agency works on principal to principal basis. If ad agency sells space for ads as an agent of newspaper on commission basis, it would be liable to pay GST@ 18% on sale commission it receives from Newspaper

Tags : Goods and Services Tax (GST) One-Nation_One-Tax

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