How to work in travel agent under GST
Laxmi Consoultancy (19 Points)
29 January 2020Laxmi Consoultancy (19 Points)
29 January 2020
Kumar Sushank
(General Manager - Finance)
(1040 Points)
Replied 29 January 2020
You have two options, which is mentioned below.
GST @ 5% without ITC (On Package Cost)
You can charge 5% GST on package, in this case you can't take ITC.
GST @ 18% with ITC (On your margin)
You can charge 18% GST on your profit only, but in this case your client can easily understand your profit margin as per your invoice.