Sale of online space for advertisement to attract 18% GST: AAR

Goods and Services Tax – GST Dated:- 13-7-2022 – News – New Delhi, Jul 13 (PTI) – Sale of advertisement space on internet would be liable to 18 per cent Goods and Services Tax, the Karnataka bench of Authority for Advance Ruling has said. E-commerce portal Myntra Designs Pvt Ltd had approached the AAR seeking a ruling on whether providing advertisement space on its portal to foreign entity Lenzing Singapore Pte Ltd was liable to GST. The AAR said Myntra is only leasing the advertiseme

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