Tax Related Issue in Indian advertisement through adword
I have a question i have a jobs related blogs which i promote through Google Adword today (26/09/204) i see some tax rate change message from Google Adword -section 114 (B) of the Finance Act (No.2) Act, 2014 that show tax change from 0 to 12.36 % can you explain it ?
Re: Tax Related Issue in Indian advertisement through adword
From oct 1 , 2014 Google is updating the Tax being charged . For invoices dated on or after October 1, 2014, service tax rate for advertising services supplied by Google India Private Limited is 12.36%. This includes Education Cess and Secondary & Higher Education Cess.
Previously, the rate was 0%, but this changed because of updates to Indian tax regulations.
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