WebJun 28, 2024 · where the location of Tour operator is in India and the location of the recipient is out of India , the place of supply in this case shall be the Location where the services are actually performed. GST will be 5% with No ITC Benefit. 5. CAR Rental Services, Travel Insurance. The place of supply where an agent is booking a car on hire (with or ... WebJun 9, 2015 · Service tax on tour operator service: Tour operator service is taxable service. The basic rate of service tax on tour operator service is 14% (budget 2015 amended) but …
GST LEVY ON TOUR OPERATOR - CONSULTEASE.COM
WebMar 30, 2024 · Tour Operators are defined based on the entry No. 23 of notification No. 11/2024-Central Tax (Rate). Tour Package is the total booking mainly done by modern tour operator along with the total fees charged are included in the margin. Normally, Tour Operator is considered as the service provider who would mainly receive the services … WebCGST - 2.5%. SGST - 2.5%. IGST - 5%. 9985. (ii) Services by way of house-keeping, such as plumbing, carpentering, etc. where the person supplying such service through electronic commerce operator is not liable for registration under sub-section (1) of section 22 of the Central Goods and Services Tax Act, 2024. Condition: grocery club
GST On Travel Agents and Tour Operators - Swarit Advisors
WebJan 4, 2024 · In a recent ruling, the Madras High Court held that ‘Tour Operator’ and ‘Rent-a-cab’ services are input services and are eligible for Service Tax Credit under the Service Tax law. The decision was rendered in the case of Commissioner of Central Excise, Chennai v. M/s Visteon Automatic India (P) Ltd.… WebJan 31, 2024 · Once the new notification comes into effect, there will be only one category of Tour Operator service from 22.01.2024 and the abatement has been drastically cut down to 40%. The abatement may be availlable to only those tour operators who satisfy the conditions as mentioned in the beginning of this article. WebJan 21, 2024 · The tour operator has to fulfill all the following condition to avail composite GST Rate @ 5%. The bill issued for the supply of this service indicates that it is inclusive of charges of accommodation and transportation required for such tour and. the amount charged in the bill is the gross amount charged for such a tour. figurine edward elric