Web10 Oct 2024 · For domestic booking : 5%* of basic fare. For international bookins : 10 %* of basic fare. *5%/10% is not tax rate, it is portion of basic fare which will be deemed to be … Web3 May 2012 · The air travel agent has an option to pay service tax @ 0.60% of basic fare in case of domestic booking and @ 1.20% of the basic fare in case of international bookings, …
Service Tax on Air Travel Agent & Tour Operator
Web The Madras High Court held in the case of Airlines Agents Association3 that an air travel agent was rendering services to the passengers and not ‘promotion or marketing’ the business of the airlines. Thus, by rendering services connected to travel by air, a travel agent would render ‘air travel agent’ services, which cannot be ... Web10 Mar 2024 · The payments made to a travel agent or an airline for purchase of a ticket for travel would not be subjected to tax deduction at source as the privity of the contract is between the individual passenger and the airline/travel agent, notwithstanding the fact that the payment is made by an entity mentioned in section 194C(1). mcnulty\\u0027s flooring
Tour Operator Under GST - ETax Guru
Web2 Service Tax in India 1 Advertising agency’s services 1-Nov-1996 34 2 Airport services 10-Sep-2004 34 3 Air travel agent’s services 1-Jul-1997 35 4 Architect’s services 16-Oct-1998 35 5 Asset management service 1-Jun-2007 35 6 Auctioneer’s service 1-May-2006 36 Web16 Jul 2024 · A travel agent acting as principal, or as an undisclosed agent receiving and issuing invoices for the accommodation in their own name, would normally have to use TOMS. This would mean the agent not being able to recover input tax on the hotel, and the VAT being accounted for by them on the margin. Web9 Oct 2024 · The value of supply of services in relation to booking of tickets for travel by air provided by an air travel agent, shall be deemed to be an amount calculated at the rate of 5% of the basic fare in the case of domestic bookings, and at the rate of 10% of the basic fare in the case of international bookings of passage for travel by air. mcnulty tranmere