#ServiceTax Google Notifies Adwords Customers Regarding Service - TopicsExpress

#ServiceTax Google Notifies Adwords Customers Regarding Service Tax of 12.36 % Till now there was no service tax on advertisements services bought from Google under Adwords brand. But as the Finance Act 2014 has got the assent of President, the service given by Google of online advertising is no more in the Negative List. So , be ready to bear the additional cost of 12.36 %.This change is due to section 114 (B) of the Finance Act (No.2) Act, 2014, which received Presidential assent on 06th August 2014 read with Notification No. 18/ 2014 – Service Tax dated 25th August 2014 issued by Ministry of Finance, Government of India. Sale on online advertisement space is no longer in the negative list category effective 01 Oct 2014.

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