Indian Service Tax
Travel Agents Services
Effective
Date 10/09/2004.
Authority
Finance (No.2) Act, 2004.
Rate of Service Tax
10% - Cess 2% of 10% = 0.2. Total ST = 10.2%.
Definition
"travel agent" means any person engaged in providing any service connected with booking of passage for travel, but does not inciude air travel agent and rail travel agent, [Section 65 (1l5a)]
Taxable Service
Taxable service means any service provided to a customer, by a travel agent, in relation to the booking of passage for travel, [Section 65 (105) (zzx)]
Value of Taxable Service
Gross amount.
Exemptions
See Notification No. 18/2004-ST, dt. 10/9/2004 at the end of the Chapter of "Airport Services".
Cost of tickets, taxes, Agents of rail/air travel.
Person Liable to Pay
Travel Agent's Service provider
Head of Account
To be issued.
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