GST registration for travel business

Registration 158 views 2 replies

Lila

Job

535 Points Joined April 2018

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)

prasad Nilugal

3924 Points Joined December 2017

For service provider turnover limit is 20 lac and if you are commission Agent then registration is Compulsory irrespective of the turnover for agents .

sukhwani keyur

588 Points Joined July 2019

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