Hello everyone...
I have a query given below,
Is Service tax is payable on any commission received by TOUR OPERTOR or AIR TRAVEL AGENT from Hotels etc. for taking up their services for Tour Packages?? This is for AY 2011-12.
If Yes, How to calculate the service tax payable??
Discuss with below example
ABC, a Tour operator goes for a tour of 100 people to Australia on 01-09-2010 and taking up a services of Hotel says XYZ for 10 days. On 01-12-2010 ABC received Rs. 100000/- as commission from XYZ. Discuss the service trax chargibility??
Your timely support will be appreciated..
Thanks & Regards,
Hammad
CAclubindia
