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ST on Travel Bills, Service Tax |
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ST on Travel Bills |
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Company 'A', that is into travel management(No tours or packages) books tickets, and charges commission for the same.
How is service tax calculated on the above?
How is service tax calculated in cases where the company books a round trip, starting point and ending point being India?
Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
In case of travel agent, government has realized the difficulty and gave an option to pay service tax on gross bill amount at composite rate. You may refer to rule 6(7) of the service tax rules, 1994 which stipulates that, he can pay 0.6% on the basic fare in lieu of 10% on commissison amount.
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