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Service tax rate - tour operator

Varun Sharma (Proprietor-Sharma Varun & Co.)   (244 Points)

27 June 2016  
Financial Year - 2015 - 16                        
Service Tax - Tour Operators                        
                         
Descripttion Period Period Period Period
29-Feb-16 to 31-Mar-16 15-Nov-15 to 29-Feb-16 01-Jun-15 to 14-Nov-15 01-Apr-15 to 31-May-15
Abatement  Taxable Rate Abatement  Taxable Rate Abatement  Taxable Rate Abatement  Taxable Rate
Room Only 90% 10% 1.45% 90% 10% 1.45% 90% 10% 1.40% 90% 10% 1.24%
Other services(including arranging cabs) 70% 30% 4.35% 60% 40% 5.80% 60% 40% 5.60% 60% 40% 4.94%
Package Tour 70% 30% 4.35% 75% 25% 3.63% 75% 25% 3.50% 75% 25% 3.09%

 2 Replies

Varun Sharma (Proprietor-Sharma Varun & Co.)   (244 Points)
Replied 27 June 2016

Please comment guys if it is helpful or requires any modification. 

 

CA AJAY KUMAR AGRAWAL (PRACTICE) (793 Points)
Replied 12 July 2016

Dear Varun, Thank you very much for posting useful information. Practically what happens in "Tour & Travel" category is that their business is mixed one & they are not that much sophisticated in terms of business model. You will see lots of "Tour & Travel" shops in markets. The law doesnt mention about those assessees who do mix type of business & that too in urorganized way. It would be more useful if you kindly share your thougts on the same. Thanx


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