Tour operator & aiir travel agent

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I Wanted to know that what will be impact of GST on Tour Operator & Air Travel agent ,how they will do the billing ,what will be the GST rate Applicable on them.
Replies (10)

Tour operators are covered under Aggregators thus the rate of Tax shall be 5% under GST however do not that ITC shall not be given to them. And for Air Travel agents prior to GST there was Composition scheme where the air travel agents were required to pay only 0.7%/1.4% of the Fare amount. However now till date they are not covered under the composition scheme. 

As per 3rd proviso to Rule 6(2) of Determination of Value Rules of GST, for domestic bookings the rate shall be 5% of basic fare and for international bookings it shall be 10%

Can you send attachment for the Support of the same beacase i read that 5 % GST will be applicable in case of Economic Class Ticket booking & 12% GST will be applicable in case of Business Class Ticket booking,But You mention in your Answer that rate will be 5% & 10%.Get the Know that there are no 10% Rate in Gst.Only four rates are there (5%,12%,18%,28%)

Of course, here is atttached the official pdf from CBEC, in it go to Rule 6(2) and you'll see for yourself.

Thank you so much,One more Question is that can you suggest us the best book for GST.

There is no best such book as best book, but every book serves to different needs, What are you looking for and in which industry you belong will be my first question. Or are you just needing it from a student point of view.

I Just needing it From Student Point of View.

If you know the old laws and know the presentation pattern of Deepak Gupta Sir, then go for his book otherwise Vishal Bhattad sir's book will be a good choice. Whatever you go for just dont forget to read following also

  • Institute's supplementary module for getting an overvie
  • Institute's book on FAQ on GST
  • MCA's Twiiter handle reply on 100 FAQ's on GST.

Thanks for your valuable information.

So as per this pdf, on domestic flight booking, should we apply 18% on 5% of base fare i.e. effectively 0.9% on base fare.

Please confirm if this abatement is valid.

As per gst provision gst @ 5% will be chargeable on tour operator on their bill to customer with benefit of ITC, Is there is a provision regarding ITC in case of tour operator.

 


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