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Varun (Proprietor)     16 July 2021

GST SAC CODE FOR NON TAXABLE VALUE IN PURE AGENT TRAVEL AGENT

Complying with Rule 7 to GST Act, in case of Pure agent ( Travel Agent), GST is not taxable in case of reimbursement of expenses. However, value has been separately indicated in the Tax Invoice.

For Example Value of Booking Tickets Rs. 50000 + Commission charged by agent Say Rs. 1000 + GST 5% on Commission Rs. 50 = Total invoice Value Rs. 51050.

Which SAC code need to be used while disclosing Non taxable Value ( Rs. 50000) in HSN CODE field in RETURN GSTR 1 ?

Please help.



 3 Replies

Pankaj Rawat

Pankaj Rawat (GST Practitioner)     16 July 2021

In my view the SAC code will be the same for services.
It's expenditure which is incurred in capacity of Pure Agent is exempted.
Service code will be remain same but is not taxable when provided in capacity of Pure Agent.
Balamurali Unnithan MS

Balamurali Unnithan MS (STUDENT)     17 July 2021

SAC Code based on the services provided.

The SAC code for Job work is 9988.
Varun

Varun (Proprietor)     20 July 2021

Firstly,its not job work, its Pure TRAVEL AGENT.

Also applying same HSN willnot satisfy the case as GST Rates differ..

Please help.


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