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
CAclubindia
