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Service tax rate on package tour & casual contract?

abatements 1845 views 1 replies

DDEAR CCI MEMBERS,

GRETTINGS FOR THE DAY!

I HAVE QUERY ABOUT SERVICE TAX RATE ON PACKAGE TOUR & CASUAL CONTRACT (BUSES GIVING ON HIRE BASIS).

AS PER CIRCULER ON PACKAGE TOUR GOVT. GIVEN ABATEMENT @ 75 % AND TAXABLE PORTION ONLY 25% OF THE GROSS COLLECTION.

SAME THING IN CASUAL CONTRACT 60% AND 40 % RESPECTIVELY.

SO MY QUARY IS IN CASE OF  CANCELLATION OF TICKECTS SERVICE TAX APPLICABLE OR NOT?

DURING THE YEAR 2012-13 SERVICE TAX RATE ON PACKAGE TOUR & CASUAL CONTRACT (BUSES GIVING HIRE )SEND ME.

THANKS IN ADVANCE.

Replies (1)

Service tax on casual contract will be 40% of the gross amount subject to non availment of cenvat credit. Further, in case of cancellation of tickets adjustment can be made under Rule 6(3) if entire amount of service tax is refunded.


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