13 February 2020
Being a tour and travel agent makes booking of air ticket for go India airline through goindia airline site.The goindia airline prepare bill for commission amount charging gst@18% on behalf of travel agent.The travel agent on approval online print the said bill.The goindia airline after deducting gst amount remit the amount to the travel agent wallet.As per law travel agent has to discharge his tax liability on commission amount but goindia airline deposit the said tax himself.Is the practice followed by goindia is correct? If yes,what would be the taxable turnover to be declared by the travel agent in his gstr3b and gstr1?
14 February 2020
What would be the turnover to be declared by travel agent in GSTR3B and GSTR1.Again the gst deposited by goindia airlines under RCM not notified by govt.
CAclubindia
