Gstr1 and gstr3b for the tour operators

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DEAR MEMBERS,

UNDER GST TOURS OPERATORS BOOKED SERVICE FOR THE THEIR CLIENT PACKAGE OF SUCH AMOUNT RS.100000 FOR 7 DAYS WITH INCLUDING ALL EXPENSES ACCOMODATION,BOARDING, TRAVELLING ETC. THE OPERATOR ONLY GET 10% OF PROFIT FROM THIS PACKAGE. AS GST ACT THE TOUR OPERATORS PAID 5% ON PACKAGE AMOUNT. REST OF 90000 SPENDED FOR OTHER SERVICES. FINALLY HE GETS 10000 GST IS 5000. PLEASE CLARIFY IN DETAIL. 50% OF HIS EARNING GOES TO GST IS IT CORRECT OR ONLY PAY 5% ON EARNING 500 IS GST. PLEASE SEND YOUR VALUABLE SUGGESTIONS.

THANKS

Replies (1)
Actually GST is charging on the invoice he raised to his customers, he can make arrangements from registered suppliers. So, that he can avail the input and output will be setoff against the same.

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