Dear All
Very Good Evening. We run a small travel agency, I wanted to ask if we charge 5% GST on tour package services, and then we book a hotel which charges 18% GST, so can we claim back some of the GST?
For example, we sold a package at INR 105000 (Including INR 5000, 5%), it included Accommodation and Car Hire. If we booked accommodation worth INR 80000 and paid about INR 15000 GST (18%) on that, can we claim back that GST as we are already paying 5% GST?
We would really be very thankful for any help on clarification on the above.
Kind Regards,
Harish Kumar
CAclubindia
