01 September 2017
for tour operators gst rate is 5% with no itc
please explain the concept.
whether tour operator (seller) will not get the itc or purchaser.
thank you.
01 September 2017
No ITC is for the Tour operator, You can take input credit of 5% billed by tour operator on you, provide your GSTN no. is given and the expense was incurred for furtherance of business.
01 September 2017
Tour Operator who has opted for 5% rate will not be eligible to claim ITC on inputs. Service recipient can take ITC if the such services used for furtherance of business.
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