Bimal Mehta (Senior Accountant & finance managerial) (180 Points)
31 March 2011Hello All
My Client has started new business of package tour . He SUB agent operating PACKAGE TOUR to an Individual as well as to the group .
Is Service tax Registration complusory ?
How much percent of service tax will be applicable ?
Please let me know any benifit or any rebate is applicable or not to this sub agent ?
Thanks
CA Saiyum khan
(Practicing CA)
(690 Points)
Replied 01 April 2011
Service Tax REgistration is compulsory if Gross REceipts exceeds Rs.900000.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 01 April 2011
| Originally posted by : Bimal | ||
 |
Hello All My Client has started new business of package tour . He SUB agent operating PACKAGE TOUR to an Individual as well as to the group . Is Service tax Registration complusory ? How much percent of service tax will be applicable ? Please let me know any benifit or any rebate is applicable or not to this sub agent ? Thanks |
 |
what is role of sub agent in tour package? service tax is applied on taxable services provided, not on starting a business.
salini kyal
(CA Final Student)
(79 Points)
Replied 01 April 2011
|
Services |
Service Tax | Cess @ 3% (2 % + 1 %) | Total |
| Tour Package | 4.80 % | 0.096% + 0.048% | 4.944 % |
| Hotel Accommodation only | 1.20 % | 0.024% + 0.012% | 1.236 % |
| Hotel accommodation with meals | 4.80 % | 0.096% + 0.048% | 4.944 % |
| Air Ticketing – Domestic | 0.60 % | 0.012 % + 0.006% | 0.618 % |
| Air Ticketing – International | 1.20 % | 0.024% + 0.012% | 1.236 % |
| Railway Ticketing (on service charges) | 12.00% | 0.24% + 0.12% | 12.36 % |
|
Transport (for cars) Coaches also added w.e.f. 1st June 07 |
4.80 % | 0.096% + 0.048% | 4.944 % |
| Other miscellaneous services | 12.0% | 0.24% + 0.12% | 12.36 |
Bimal Mehta
(Senior Accountant & finance managerial)
(180 Points)
Replied 01 April 2011
| Originally posted by : salini kyal | ||
|
|
Services Service Tax Cess @ 3% (2 % + 1 %) Total Tour Package 4.80 % 0.096% + 0.048% 4.944 % Hotel Accommodation only 1.20 % 0.024% + 0.012% 1.236 % Hotel accommodation with meals 4.80 % 0.096% + 0.048% 4.944 % Air Ticketing – Domestic 0.60 % 0.012 % + 0.006% 0.618 % Air Ticketing – International 1.20 % 0.024% + 0.012% 1.236 % Railway Ticketing (on service charges) 12.00% 0.24% + 0.12% 12.36 % Transport (for cars) Coaches also added w.e.f. 1st June 07 4.80 % 0.096% + 0.048% 4.944 % Other miscellaneous services 12.0% 0.24% + 0.12% 12.36 |
|
Customer Books Package tour for Shimla at Rs. 30,000/- per person Includes air fare , hotel accomodation , site seeing , pickup and drop .
Then service tax will be on Rs.30,000 + 4.944 % . ????
Is there any exemption ?
Pls reply it .
salini kyal
(CA Final Student)
(79 Points)
Replied 01 April 2011
yes...abatement of 60% as per
notification no. 15/2007-st dated 04-04-2007
salini kyal
(CA Final Student)
(79 Points)
Replied 01 April 2011
I Think Service Tax will be 4.944+1.236+.618=6.78% on 30000/-
Ram Kumar
(B.Com)
(23 Points)
Replied 29 November 2012
Thanks for sharing such informative information. Those people who wants to open their bussiness in this line they can now know the tax information. Or what are the tax slab for them.
CAclubindia
