21 December 2015
I am a travel agent and just started a travel agency in partnership. We are doing Air ticketing, hotel bookings, and complete tour packages. We are still not sure how to do the billing. I have met few professionals but no body is clear on travel business accounting. Please help
21 December 2015
First 10 lacks turnover of bussines in a financial year is exempted from service tax,when your Turnover reach 9 lacs you registere with service tax department. When service tax is aaplicable you add service tax in your bill.