K3 tax

13160 views 7 replies
Dear sir,

My clients have a invoice from air travel agent particulars of invoice as under

Basic fare 71800

K3 tax        3590

Air line tax 6757

Total    82147

Transactions charge 1000

Igst @ 18%   180

Total of invoice 83327

Sir K3 tax is Igst whether it eligible for itc...

Kindly advise me

Regrds 


Anshul Gupta

Agra

9837142375 
Replies (7)
We claim the IGST Rs. 180 at the time of receiving invoices from Agent...
The Airlines ll be give "Ticket / Bill" then you consider the details as per your view with bills...
Sir my client have a invoice which was received from agent not from airlines and also claimed K3 tax as input.. I need ur suggestions whith legal supporting... whether credit claimed as per gst law...
Yes.. You can take ITC.
OK thanks sir ji

Yes you can take the K3 tax accordingly however there are few issues that we(my company) are facing:

1. The bills from travel agents do not show the bifurcation of K3. K3 maybe cgst, sgst or igst based on the place where the airlines has been registered and origin and destination. Without knowing this how will you account in you books.?

2. In few of the invoice from the agent, the K3 tax is not exactly 5% rather more than 5% i.e 5.12% or 5.05%. We are unsure what constitues in the K3 tax because the ticket the agent shares do not have the break up of the K3.

However, the agent specifies the PNR of hte ticket so you have lookup the number in the airlines website to review the GST charged.however you cannot do this for each and every ticket if the tickets volume is enormous. 

Regards

Ajay B

So, finally what u wanted to say.....whether we can take K3 tax or not????

 

Reply me fast please


CCI Pro

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