GST for Air Travel agent
This query is : Resolved
Kalpesh Karia
(Querist)
16 July 2017
Dear GST Expert,
I am a travel agent,
I have purchased air tickets from our vendor, for example..
Ticket amount: 5000
Received commission -500 from our vendor
Our net price: 4500
I have to sell this ticket Rs.5500
Our profit 500 received commission & add 500 our markup
Total Our Profit Rs. 1000
I want to know how much GST rate & which amount apply in customer invoice
Kindly give an Example
Ravinder Singhal
(Expert)
16 July 2017
for air travelling gst is 18%
and you will charge on 5500 becoz it is your selling rate
Kalpesh Karia
(Querist)
16 July 2017
thanks for your reply
but sir how can possible 18% GST in total amount
it is very high rate in total amount
give me any suggestions
Ravinder Singhal
(Expert)
16 July 2017
before gst it is 15% under service tax so extra 3% burden is not so high
every service provider has to pay
Ravinder Singhal
(Expert)
16 July 2017
but you can avail input benefit paid to vendor if he issue tax invoice
Dhirajlal Rambhia
(Expert)
30 October 2021
Its 18% on your margin. Not over the ticket charge.
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