GST registration for travel business

We do not sell travel package and are only taking bookings for rail / air / bus tickets. We charge a nominal amount as extra for getting these bookings done. This extra amount is not shown separately in our invoice and we charge a lump sum from customers. Our turnover is below 40 lacs (considering only commission part).

A) Do we need to get registered for GST?

B) What methodology should we adopt to calculate accurate revenue as charges from customers is not a fixed amount / %age?

 

Replies (2)
Quick Summary
This discussion clarifies GST registration requirements for travel businesses that only book rail, air, or bus tickets and charge a nominal fee. It explains that if your turnover exceeds £20 lakh, GST registration is mandatory for service providers. Even if your turnover is below this, as a commission agent, registration is compulsory regardless of the amount. The advice also covers calculating your actual revenue, which is the commission earned on bookings, and charging GST on this amount.

For service provider turnover limit is 20 lac and if you are commission Agent then registration is Compulsory irrespective of the turnover for agents .
GST registration threshold for service providers is 20lakh. So you would require registration.
For calculating actual revenue as you mentioned above that you charge some extra amount for booking that extra amount would be considered your commission. On that amount you have to charge GST.
For more information about GST you may mail us at taxclinictc @ gmail.com

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