The Government of Odisha on January 09, 2024, issued a notification regarding the Drafting of a service agreement concerning the Supply of Services in the Advertising sector and the determination of Place of Supply under the GST regime.
Different Government Departments/PSUs sometimes procure the services of Advertising companies or procure space or rights to use the space on the hoarding to advertise their products/services etc. Advertising companies, in turn, may procure such space on hoardings/billboards erected and mounted on buildings/land in different States, from various suppliers ("Vendors") for providing advertisement services to its clients.
The arrangement between the Advertising company and its vendors may be broadly divided into two categories mentioned in the document.
[Notification No. FIN-CT1-TAX-0052-2023-978]
