Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Commission from Online Hotel booking

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Commission from Online Hotel booking
Query (Issue) Started By: - rashid mundeth Dated:- 20-7-2014 Last Reply Date:- 20-7-2014 Service Tax
Got 1 Reply
Service Tax
Sir,We are providing addi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tional online booking services to hotels and acting as their agent for hotel booking sites. Our commission is the difference of commission collected from the hotels and paying to the hotel booking sit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... es (ex:commission collected from a hotel for one booking is ₹ 200 and paid to hotel booking sites is ₹ 180, hence our net commission is ₹ 20). Our clients are the hotels and plea .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... se advice me on the service tax head and tax rates to be shown on the commission invoice. Reply By Pradeep Khatri: The Reply: Dear Rashid, Since the inception of Negative List regime, Classificati .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... on of Taxable Services do not have any relevance. However, for admin perspective the Revenue Department had come with 120 heads for classification with their accounting code. According to us you may .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... fall in following three categories, namely:- * Business Auxiliary Services; * Business Support Services; * Service other than 119 Services. Rate of tax would be @ 12.36%. ( 12% +2&# .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 37;+1%). Regards, Team YAGAY and SUN (Management and Indirect Tax Consultants)
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates