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TMI BlogImport newspapers and magazinesX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We have receive import of Magazines International pallets price news paper weekly ( total commercial magazines) Import of service from outside India. ( Magazines received through mail in India ) Kindly advice to me service tax applicable or not. Thanks and Regards Arjun Sachdeva - Reply By Pradeep Khatri - The Reply = On imported newspaper and on magazine, service tax is not app ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... licable since both the items fall under the category of goods. - Reply By Naveed S - The Reply = Mr. Arjun ji, You have raised a very interesting issue. As per section 65B(44) of Finance Act, 1994 , service means any activity carried out by a person for another for consideration, and includes a declared service, but shall not include - (a) an activity which constitutes merely, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (i) a transfer of title in goods or immovable property, by way of sale, gift or in any other manner; or (ii) such transfer, delivery or supply of any goods which is deemed to be a sale within the meaning of clause (29A) of Article 366 of the Constitution; or.. In view of above, as there is only sale and purchase of magazines thus falling under category of deliver or supply of any goods for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sale; therefore such activity cannot be termed as Service and hence no service tax applicable thereon. - Reply By Akash Deep - The Reply = Dear Arjun, it is no doubt that service tax is not applicable on import of news paper and magzines as they are goods. i think that by news paper you mean newsprint (paper on which news paper got published). how ever service tax would be applicable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on the services received from the mailing agency (the person who is actually transporting newsprint outside India to in India.). problem is not simple as it looked. - Reply By Pradeep Khatri - The Reply = Dear Arjun, There is no tax on Ocean Freight and Air Freight on goods imported into India from outside India. Further, under GTA services, Newspapers/Magazine are also exempted from the levy ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of Service Tax (if registered with the registrar of newspaper.) Regards, YAGAY and SUN (Management and Indirect Tax Consultants) - Import newspapers and magazines - Query Started By: - MITSUI PRIME Dated:- 9-9-2014 Service Tax - Got 4 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... axmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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