Travel agent

This query is : Resolved

yogesh kothari (Querist)
Follow

22 July 2017 1. What is the GST rate for Air Travel Agent
5% or 18%

2. On which amount this rate will be charged
on commission or on base fare of air ticket

3. How will valuation rules under GST apply to Air travel agent (it says 5% of Basic fare is value of services)

4. Which ITC is an Air Travel Agent elegible to take.

5. Any relevant section/clause/rule for computing tax liability and input availability

Deepti Asawa

Deepti Asawa (Expert)
Follow

22 July 2017 its 5% without any input tax credit

yogesh kothari

yogesh kothari (Querist)
Follow

24 July 2017 As per the gst rates of council, its 5% with ITC of only input services.

My ques is on what amount will the travel agent charge 5% GST.
On basic fare amount or on total amount including tax (airport, fuel, etc)

Also what does valuation rules of GST try to say to consider 5% value of basic fare in case of domestic flight ??