As per the Schedule of GST Rates for services approved by the GST Council on 19th May, 2017, supply of tour operator services attracts 5% GST rate with no input tax credit
Guest
Originally posted by : Simran Katyal
Can tour operators charge GST @ 18% (with ITC )And is such rate will have to be followed in entirity, of can be different to some client wise ?
Yes, it can be done. You can choose either 5% without ITC or 18% with ITC.
Thanks for replies, My query is can a tour operator charge like 5% in some invoices and 18% in other invoices? i.e. can different rates be used durinf a financial year ? if not, what is the period for which particular rate will be followed ?
Guest
How would you identify the input credit in that case! which require reversal?
It'll be confusing..
Guest
I think you should run two business for doing that.