Creator: TheProTalks
2325 Points
Joined January 2016
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%