No. GST charges are extra. in Metro station advertising
When planning a metro station advertising campaign, understanding the cost structure is crucial. A common question businesses often ask is whether the quoted metro station advertising rates include taxes. The answer is clear: GST charges are extra.
Understanding Metro Station Advertisement Costs
Metro stations advertising has become a popular choice for brands aiming to capture the attention of urban commuters. The expansive reach and ability to target a diverse demographic make it an attractive option. However, it’s essential to understand all financial aspects, including taxes, to budget accurately.
The rates quoted for metro station advertising typically cover several components:
- Space Rental: The cost of renting the advertising space.
- Production: The expenses involved in creating the advertisement.
- Installation: The cost of installing the advertisement at the station.
These costs can vary based on several factors, such as the station’s location, foot traffic, and the size and duration of the ad placement. However, it’s important to note that these rates do not include Goods and Services Tax (GST).
What is GST?
GST, or Goods and Services Tax, is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. In India, the GST rate for advertising services is currently set at 18%. This means that after calculating the base cost of the advertisement, businesses need to add GST to determine the final expenditure.
Calculating the Total Cost
To illustrate, if the base cost for an ad campaign at a metro station is INR 1,00,000, the GST would be an additional INR 18,000, bringing the total cost to INR 1,18,000. Being aware of this additional charge is essential for advertisers as it impacts the overall budget and financial planning.
Budgeting for Metro Station Advertising
Businesses should factor in GST when evaluating the cost-effectiveness of their advertising campaigns. Proper budgeting ensures that there are no surprises, allowing advertisers to maximize the benefits of their metro stations advertising campaigns without facing unexpected costs.
Brand promotional media options in IT Tech parks – |
Metro Station Branding In Delhi
| Metro Station Branding In Delhi | Media Options | Rate |
|---|---|---|
| Indraprastha | Ambient Lit Panel | Refer https://www.myhoardings.com/Transit-Media |
| Mayur Vihar Phase-1 | Ambient Lit Panel | Refer https://www.myhoardings.com/Transit-Media |
| Mandi House | Ambient Lit Panel | DOOH Panel | Refer https://www.myhoardings.com/Transit-Media |
| Khan Market | Ambient Lit Panel | Refer https://www.myhoardings.com/Transit-Media |
| Satguru Ram Singh Marg | Ambient Lit Panel | DOOH Panel | Refer https://www.myhoardings.com/Transit-Media |
| Jangpura | Ambient Lit Panel | Refer https://www.myhoardings.com/Transit-Media |
| Preet Vihar | Ambient Lit Panel | Refer https://www.myhoardings.com/Transit-Media |
| Jawaharlal Nehru Stadium | Ambient Lit Panel | Lift Ad | Refer https://www.myhoardings.com/Transit-Media |
| Rajdhani Park | Ambient Lit Panel | Lift Ad | Refer https://www.myhoardings.com/Transit-Media |
| Uttam Nagar East | Ambient Lit Panel | Refer https://www.myhoardings.com/Transit-Media |
