Tour &travel agency

raj (Accountant) (26 Points)

05 August 2015  

My friend is starting a tour & travel agency. His confusion is regarding the payment of Service tax. At what time he should start paying service tax (threshold limit)??  whether he should pay on total invoice price which includes expenses like hotel accommodation for tourist, transportation, guide charges etc (package tour) or on pure income (ie, profit)???

                Please help me in this regard with necessary tax information in this field...