GST on sale or purchase of Space selling services for advertisement in print media

GST percentage purchase or sale of Space selling services for advertisement in print media

 

What is the present GST rate tariff on Space selling services for advertisement in print media? How much GST tax payable on Space selling services for advertisement in print media? Present Indian GST charges on Space selling services for advertisement in print media?

GST on sale or purchase of Space selling services for advertisement in print media

 

The below information details about GST on Space selling services for advertisement in print media

 

The GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%. The most essential goods and services attract nil rate of GST under Exempted Categories. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST.

 


The rate of GST on Selling of space for advertisement in print media fixed by GST council at the introduction of GST in July, 2017 is 5% with full ITC

 

 

This detail about GST rate tariff on Space selling services for advertisement in print media is only for information.

 

 

The validity of above information and amendments about GST rate on Space selling services for advertisement in print media may be verified before any business dealing.

 

The above details explain about GST on Space selling services for advertisement in print media. If you would like to express your views about GST on Space selling services for advertisement in print media you may opine below. Share your views about GST impact on Space selling services for advertisement in print media business industry.

 

 

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Comments


Sriramulu C: Publication people is charging GST 5% on net after agency commission.how I charge for Clinet from agency ..pl let me know if any body having about space selling and how to split gst and if I get space from other states Clinet also how to make gst billfor client

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