Gst on travel agent commission
This query is : Open
javid shaikh
(Querist)
09 August 2017
what types of SAC mention in invoice in cash of travel agent commission. Travel agent only commission taken from customer and booking agency.
suppose travel agent book ticket from distributor then distributor book ticket 95 actual fare + 5 commission.
and travel agent take 5 commission also from customer so 95+5 = 100 , travel agent total commission 10 ,so now how will make invoice travel agent for customer with sac code under gst.
please reply
CA Suresh Jain
(Expert)
09 August 2017
You are working as an agent of the person in whose name ticket is booked. I presume that the ticket and the invoice is issued in the name of your principal. In such a case you are required to issue invoice for your commission only and charge tax on the same.
N. Jain
group.blr@gmail.com
N. Jain
group.blr@gmail.com
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
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Employee secondment
- Ito add credit side of bank
- GSTR9 Annual Return
- Applicability of tax on invoice
- Import of Capital Machine
- LLP audit and disclosure
- Capital gain on commercial property and investment in residential property
- Rectification under processing even after 6 months cpc portal
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
