Service tax rate charge by trevel agent on commision earned
This query is : Resolved
Jitender Singh Patyal
(Querist)
02 April 2016
please clarify that if a trevel agent purchased a bill of 10000 of hotel then he has to pay service tax
as 25% taking abatement. after that agent sold the hotel for rupees 11000 so my question is what is rate applicable on service charge earned by trevel agent e.g 11000-10000=1000
1000*14.5%*25%=36.25 or
1000*14.5%=145
cenvat credit not availed
please clarify the situation
as 25% taking abatement. after that agent sold the hotel for rupees 11000 so my question is what is rate applicable on service charge earned by trevel agent e.g 11000-10000=1000
1000*14.5%*25%=36.25 or
1000*14.5%=145
cenvat credit not availed
please clarify the situation
CA R SEETHARAMAN
(Expert)
03 April 2016
It is 1000*14.5%=145.
Here it is 10% applicable after taking abatement. The working is 11000*10%*14.5%=159.50.
Here it is 10% applicable after taking abatement. The working is 11000*10%*14.5%=159.50.
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