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Tour Operator service-Amendment in abatement & CENVAT allowed
https://taxguru.in/service-tax/tour-operator-service-amendment-abatement-cenvat-allowed.html
Jan 15, 2017 · The Govt. of India vide Notification No. 04/2017-ST dated 12.01.2017 (w.e.f. 22.01.2017) has amended abatement available to tour operators vide notification No. 26/2012-ST dated 20.06.2012 also amended by 08/2016-ST dated 01.03.2016.. W.e.f. 22.01.2017, the abatement of 40% of gross amount charged for any tour operator service will be available. Therefore, w.e.f. 22.01.2017, service tax …
Service Tax Applicability on Tour Operators
https://taxguru.in/service-tax/service-tax-applicability-tour-operators.html
Sonu Aggarwal. SERVICE TAX APPLICABILITY ON TOUR OPERATORS. To understand the concept of Tour Operator first of all we have to clear that there is major difference between tour operator and Travel Agent Service. Tour Operator is wide term than Travel Agent. Difference between Tour Operator Service and Travel Agent Service can be understand easily by following Table
Tour operators to pay service tax on 60% of billed amount ...
https://www.thehindu.com/business/Industry/Tour-operators-to-be-hit-by-new-service-tax-norms/article17037177.ece
Jan 13, 2017 · Tour operators will have to pay a service tax on 60 per cent of the amount they bill the customer from January 22, according to a government notification.Earlier, tour operators offering a …Location: Kasturi Building, Anna Salai, 859-860, Mount Road, Chennai, 600002, Tamil Nadu
Service tax on tour operators: Indian Chamber of Commerce ...
https://m.economictimes.com/industry/services/travel/service-tax-on-tour-operators-indian-chamber-of-commerce-and-industry-approaches-government/articleshow/56681990.cms
Jan 20, 2017 · With effect from the January 22, the government expects tour operators to pay 60% service tax on 60% of the invoice value. Currently, tour operators pay 10% on the invoice value for booking hotels and for other tours the tax is payable on 30% of the bill. The new service tax rule is being seen as a precursor to GST.
service tax on tour operator and air travel agent Tax Masala
https://taxmasala.in/service-tax-on-tour-operator-and-air-travel-agent/
Jun 09, 2015 · Tour operator service is taxable service. The basic rate of service tax on tour operator service is 14% (budget 2015 amended) but tour operator can avail abatement and charge and pay service tax on part of the value. Value of taxable service for tour operator: To determine service tax liability, we are required to find taxable value of services ...
New service tax abatement hits travel trade hard ...
https://travtalkindia.com/new-service-tax-abatement-hits-travel-trade-hard/
Effect on outbound tour operators If a tour operator books a hotel in Germany worth Rs. 10,000 per night, with the earlier service tax being paid at 1.5 per cent (Rs. 150), the price of the hotel would come around Rs. 10,150.
Tourism tax exemption from July 1 to June 2021 — Muhyiddin ...
https://www.theborneopost.com/2020/06/06/tourism-tax-exemption-from-july-1-to-june-2021-muhyiddin/
Jun 06, 2020 · He said the deferment of tax instalment payment for tourism industry players, such as tour agencies, hotel operators and airlines for the period from April 1 …
Tour Operators Margin Scheme (VAT Notice 709/5) - GOV.UK
https://www.gov.uk/guidance/tour-operators-margin-scheme-for-vat-notice-7095
Dec 14, 2009 · Value Added Tax (Tour Operators) Order 1987 (SI 1987/1806) as amended by the Value Added Tax (Tour Operators) (Amendment) Orders of 1990, 1992, 1995 and …
European Union: VAT highlights of the European Commission ...
https://globalcompliancenews.com/european-union-tax-vat-highlights-of-the-european-commissions-tax-action-plan-13082020/
Aug 30, 2020 · On 15 July 2020, the European Commission ("EC") adopted a new Tax Package aimed to "contribute to the economic recovery and long-term growth of Europe". The Tax Package consists of three elements: (i) a revision of the Directive on Administrative Cooperation "DAC7), (ii) a Communication on Tax Good Governance, and (iii) a Tax Action Plan for a fair and simple taxation supporting the …
GST on Tour Operators & Travel Agents
https://taxguru.in/goods-and-service-tax/gst-tour-operators-travel-agents.html
Feb 11, 2019 · The place of supply in case where tour operator receives commission from another tour operator situated outside India shall be place of tour operator i.e. India. 3. Outbound tour sold to a foreigner for visiting another foreign country & the payment received in convertible foreign country is exempt from GST. Also, Check gst on travel agents. 3.
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