Question
How many percentage of GST applicable on selling of space for advertisement in Print Media?
Answer: Option C
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Union Government clarified that five percent Goods and Service Tax (GST) is applicable on selling of space for advertisement in print media if an agency buys space from the newspaper and sells the same to clients on its own account. The GST rate will be 18 percent of the sale commission, if the agency works as an agent of the newspaper on a commission basis.
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