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Taxable value

This query is : Resolved 

19 July 2017 hi...i m a b2b travel agent..i use to purchase ticket from online travel portals like via , yatra and ao on...Now I want to know the taxable value and also to know whether the markup value is also taxable?
Suppose i m purchasing a ticket at Rs. 5,000 and getting commission of Rs. 150 .And then selling the same ticket at Rs. 5,800. ﹰIn this case what will be my taxable value.

19 July 2017 since you are selling the ticket with mark up value, 5000 and 5800 would be treated as your inward and outward supply respectively.... Commission would be in addition to this.


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