Air travel agent

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 January 2015 Dear Sir,
I want to say that I am sub agent
I am purchasing main agent Air Ticket but main agent no service tax deposeited basic fair @0.618% Service Charges 100 on @12.36 % deposit but I have deposited Service Tax Deposited on basic fair but Purchase or sale difference Profit on applicable Service Tax please help me with full information.

Amol S Joglekar

Amol S Joglekar (Expert)

14 January 2015 You can charge your customers with service tax at full rate.
However you can claim the input credit and pay the remainder to Govt.
This, in effect, will let you pay the service tax on the difference between purchase and sales.

Rupesh Jain

Rupesh Jain (Expert)

14 January 2015 you have to charge the tax on ticket amount from customer and take input of purchase tax and diff service tax you have to deposit with govt.

Querist : Anonymous

Querist : Anonymous (Querist)

15 January 2015 Rate of Service Tax 0.618 or 12.36
which Amount.

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