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#GST: Govt Clarifies Applicability of GST on Selling of Space for ads in Print Media - (24 Aug 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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