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Please Help: service tax

Posted Date : 22-Dec-2016 , 05:10:32 pm | Posted By: Abhishek Tomar

Category : Service Tax | Answers : 0| Comments : 1| Hits: 284

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

Comments
Posted By : ANSHUL 28-Dec-2016, 06:34:38
It'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
 

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