Please Help: service tax
Posted Date : 22-Dec-2016 , 05:10:32 pm | Posted By Abhishek tomar
i want to know about equilisation levy and reverse charge machanism on advertisemnt industry and how we can put journal entries in tally for the same
Category : Service Tax | Answers : 0 | Comments : 1 | Hits : 299
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ANSHUL
28-Dec-2016 , 06:34:38 pmIt's a technical concept impossible to explain here. n short if advertisement company is paying more than stipulated limit to any foreign company for buying space of advertisement than equalization levy equal to 6% shall be attracted. Reverse charge is subject matter to POPS so detailed analysis is required. you may leave your query on my mail. anshul.garg194@gmail.com