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Help me please

Service Tax (Legacy) 678 views 5 replies

Dear All,

we are air travel agent and charged service tax @ .62% & 1.24 % .

now i need to file service tax return. so while i m filling retun faced follwoing problem.

1)What is gross amount in case of air travel ( only commission on which charged st or amount which collected from customer)

2)how to calculate taxable unit and what is specific rate.

Please help me..

Replies (5)

HI

AS PER RULE 6(7) OF THE SERVICE TAX, 0.62% (IN CASE OF DOMESTIC BOOKINGS),1.24%(IN CASE OF INTERNATIONAL BOOKINGS) ON BASIC FARE IS THE SERVICE TAX PAYABLE.

 The term ‘basic fare’, defined for the purpose of this rule as that part of the air fare on which commission was payable to the agent by the airline.

HENCE THE RATES TO BE APPLIED ON THE AMOUNT ON WHICH COMMISSION IS CALCULATED

 

Thanks, but how to file data in service tax return.. What is specific rate and how to calculate taxable unit

since you are charging service tax on basic fare, taxable rate shall be 0.62% (IN CASE OF DOMESTIC BOOKINGS),1.24%(IN CASE OF INTERNATIONAL BOOKINGS).... general rate of 12.36% shall not apply here...


 

Thanks,

Please let me know what is the gross amount in service tax return ? is it basic fare or that amount which i collected customer?

Gross amout here is the basic fare.


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