10 October 2014
suppose as tour operator we booked hotel at Singapore for our client (indian) for which we paid 50,000 to hotel and charged client 55, 000. can the taxable service in this case be 5, 000 and can we apply 12.36% service tax on it..?? or the taxable service will be 55, 000 and we have to charge 1.24% on it..??
10 October 2014
thanks ca vandana, so if we apply 12.36% on 5000, will it be wrong or it is an option too..? i heard from somewhere that 12.36% on our service charges is valid too, if you can please clarify
CAclubindia
