Poonawalla fincorps
Poonawalla fincorps

Travel agents leviability of tax

This query is : Resolved 

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 May 2013 Take it as a challenge!!! URGENTLY REQUIRED

Is a bus provided on mileage or contract basis by a travel agent to another travel agent for ultimate providing service to a client liable to service tax by bus owner?

if yes the reply section under which it is clearly clarified....

if no the reply the exemption notification under which this is exempt....

13 June 2013 The bus owner will charge ST if his total turnover is above 10 lacs and like Wise the travel agent will charge ST from the customer while paying the ST the travel agent will deduct the ST paid to the bus owner and shall; pay the balance ST

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 July 2013 agent will not be able to deduct as he will claim abatement of 60%, as no ccr is allowed to him.... there will be a double taxation here...?




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