Service tax calculation for air travel agent

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Sabhajeet

21 Points Posted on 16 January 2015

I am a Air travel agent; I want to know that I buy ticket from a IATA travel agent say ticket fare is 5000, commission is 100, TDS is 10 and S Tax on commission is 12 so I paid IATA agent is Rs. 4922. I raise invoice of Rs. 5000 + 200 S Charge + S Tax is 25; So i collected from customer is 5225.

Now my question is how much Service Tax return should I file, is it Rs. 25 or 37(25+12) or 13(25-12)

Here i would like to add that my commission income is less then 10lakh in a year, so, shall i file nil return without paying any service tax.

Please help

Replies (2)

hiteshjain964@gmail.com

mumbai

74 Points Posted on 16 January 2015

To have to register for service tax if your amount of service for a particular year exceed rs 9lakhs and if the amount of service exceeds 10lakh then u r required to pay service tax from that year. Once you start paying service tax then if u have Nil return u have to file the service tax return. You can get service tax credit only if the amount of service tax paid is you. Now here u have raised invoice thetefore service tax received by you is rs 25 And you have paid service tax rs 12 Therefore u need to pay service tax to government rs 13 And the return of rs 13.