We are living in a world of advertisement and marketing. Advertisements Create a connection between the brand and the consumers regarding the products and services. Advertising agencies use various communication modes like hoarding, flex, poster, banner, and audio-visual commercials. 

After the implementation of GST Regulations, it was imposed on advertising agencies. GST is even applicable to the advertisement on both digital and print media like a magazine, newspaper.

So, before incorporating an Ad agency in India, the concerned individual is mandated to register in the GST taxation system.

GST Rates on Advertising Services

As per the latest amendment of the GST Act, the rates for advertisement related service is modified recently. The GST rates are likewise:

• Space for Advertisement in Print Media – 5%
• Other Advertising Services – 18%

Input Tax Credit on GST for Advertising services

Advertising Agencies usually invest a lot of money on the purchase of high-end equipment required for their business; they are entitled to claim the credit of taxes paid on the types of equipment.

Print Media and Digital Media are powerful modes of communication to general people, letting them know about the products, goods, and services. So, the advertising agencies should have the Input Tax Credit benefit on the ground of the high investment in the marketing.

How to Register GST Online for Advertising Agency?

If you own an advertising agency, it would be a smart move to apply for GST at Online Legal India™ and upload the required documents digitally in just a few clicks. The GST expert team here guides you with professional advice during the whole process, and the charges are nominal. 

You can even get a trademark registration for your advertising slogan or logo or tagline or maybe a company registration for your advertising agency. 

So, how team Online Legal India™ can help you start a creative journey with an Ad Agency? Let us know in the response box below.