Service tax liability of air travel agents
This query is : Resolved
Rajat Bansal
(Querist)
06 February 2014
What is the latest law applicable to Air travel agents in relation to the amount on which they have to pay service tax?
On what criteria can he take service tax input?
On what criteria can he take service tax input?
06 February 2014
Either pay full rate i.e. 12.36% of service tax on commission income.
Or he have option to pay .6% + EC of Basic Fare for domestic Bookings
and 1.2%+ EC of Basic Fare for International Booking.
He may avail CENVAT Credit on eligible Input Services.
Or he have option to pay .6% + EC of Basic Fare for domestic Bookings
and 1.2%+ EC of Basic Fare for International Booking.
He may avail CENVAT Credit on eligible Input Services.
Rajat Bansal
(Querist)
07 February 2014
Good Morning Sir
Further i want to know that Can the client take input of service tax who is being charged service tax by an air travel agent who is using 0.6/1.2% rate.?
Further i want to know that Can the client take input of service tax who is being charged service tax by an air travel agent who is using 0.6/1.2% rate.?
07 February 2014
Yes he can avail CENVAT Credit on Input Services.
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