air travel agent cenvat clarification
This query is : Resolved
04 June 2017
Hi All,
Please advice whether an air travel agent can take credit of service tax paid to airline (which was part of ticket cost) or he should book the full value of ticket as his cost in the books of accounts...
Please advice whether an air travel agent can take credit of service tax paid to airline (which was part of ticket cost) or he should book the full value of ticket as his cost in the books of accounts...
04 June 2017
He can't take any such credits. Without taking any credits he has to pay 15% service tax on 0.75% in case of domestic travel and 1.50% in case of international travel of basic fare
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Rent lease agreement
- Relief u/s Section 89
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Nomination of Bank for refund in itr 2
- Agriculture income or business income
- Supply through E-commerce Operators
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
