In normal course of business Marketing services means promotion of services , produced etc by a business to its clients. Marketing services include Audio , Visual activities etc. Such as Television , Radio , Digital Marketing, Social Media Marketing etc. GST on Marketing services is applicable. Generally marketing service are officer by business to customer and from business to business. All type of industry uses marketing services. SAC Code on Marketing services is 998371 ,998372,998311. GST Rate on marketing services is 18 %. For Marketing services provider need to do GST Registration , pay gst , file GST return etc is mandatory after crossing turnover of twenty lac. GST Law provide SAC code for this services.
Section 22 to 25 specifies the persons who are liable to obtain GST Registration.
Every person who is engaged in supply of goods or rendering of services or both will be liable to be registered under the GST if
Below is rate of GST On Marketing Services
|Nature of Service||Rate|
|GST Rate of Marketing Services||18%|
|Other Digital Media Advertising||18%|
Example : –
The supplier of marketing services are eligible to avail input GST credit.
For taking credit GST registration is mandatory.
Such credit availment is subject to conditions mentioned in the Act.
The provisions of composition scheme are not available on marketing services provider. Hence they are not eligible to apply for gst registration under composition scheme.
GST Payment due date
|Type of Taxpayer||GST Payment Due Dates|
|General||20th Day of the Next Month|
|Composition||18th Day of the Next Month of Quarter|
|SAC Code||Market research and public opinion polling services|
|998371||Market research services|
|998372||Public opinion polling services|
|998311||Management consulting and management services including financial, strategic, human resources, marketing, operations and supply chain management.|