Rakeshkumar Byagoti (Sr. Executive-Accounts) (132 Points)
25 August 2012Hai everybody, I have a doubt on a Travel Agent bill.
Travel Agent is charging the Service Tax of 12% on 40% of the bill amount.
For example: If bill amounting to Rs 2000/- then he will charge 12% on 800/-.
So, pls let me know the criteria or rule behind this.
Regards.
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 25 August 2012
Travel agent (Service provider) will charge the service tax @ of 12.36% on 60% of the bill amount and recipient will pay the service tax @ 12.36 on 40% of the bill amount.
satya
(Executive Excise)
(1839 Points)
Replied 25 August 2012
CAclubindia
