Tour opeator
This query is : Resolved
22 February 2020
Rate if gst on tour operator is 5% without ITC but ITC can be availed from same line of business.I.e if purchase from another tour operator,then ITC can be availed.please explain with an example.because if purchase from another tour operator it will fall on tour operator support service and ITC can not be availed as per SL no.23(iii)sac 9985
23 February 2020
ITC can be availed for tour operator service to another tour operator. Tour operator support service as per Sl 23, SAC 9985 is only a part of tour operator service.
ITC is not available If the tour operator is providing only a support service ( ie rides inside the amusement park etc ) and not issuing consolidated bill to the guest ( recipient ).
For better understanding of the concept refer following link - Advance ruling:-
https://taxguru.in/goods-and-service-tax/ancillary-services-tour-operators-support-services-18-percent-gst.html
ITC is not available If the tour operator is providing only a support service ( ie rides inside the amusement park etc ) and not issuing consolidated bill to the guest ( recipient ).
For better understanding of the concept refer following link - Advance ruling:-
https://taxguru.in/goods-and-service-tax/ancillary-services-tour-operators-support-services-18-percent-gst.html
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
- Refund Annexure-B
- House Property Reporting in ITR
- TDS Claim year
- Liable to deduct tds and 44ADA
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Rent lease agreement
- Entries in AIS regarding sale of units and shares
- SGST balance is there in credit ledger how to adjust for cgst
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
