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Q. > Please Help: service tax on air travel agent
on which amount air srvice agent charge service tax @ rate 0.6% Or 1.2 %.please also give example
1 Answers
answered May 14, 2014 by shankygarg , Karnal
Composition Scheme For booking RULE 6(7) of Service Tax Rules:-
domestic tickets: @ 0.6% of the basic fare
international tickets: @ 1.2% of the basic fare
The basic fare is that part of the fare on which commission is payable by the airlines.And, if ,No Commission is Paid - the amount Paid by the agent for the ticket.
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Dharmista
14-May-2014 , 10:55:26 amIn relation to the services provided by an air travel agent, under sub-rule (7) of rule 6 of the Service Tax Rules 1994, the assesses has the option, to discharge his tax liability by an alternate method by calculating the tax on basic fare at the rates provided in the said sub-rule I.e. 0.6% in the case of domestic bookings and 1.2% in the case of international bookings. Such amount shall be calculated for booking of passage for travel by air, during any calendar month or quarter, as the case may be. The option, once exercised, shall apply uniformly in respect of all the bookings of passage for travel by air made by him and shall not be changed during a financial year under any circumstances [sub-rule (7) of rule 6]. For the purposes of this sub-rule, the expression “ basic fare” means that part of the air fare on which commission is normally paid to the air travel agent by the airline.Example : Basic fare : 100 Taxes, fees and charges : 90 If travel agent received commission on Rs. 100 : Basic fare is Rs. 100 If travel agent received commission on Rs. 190 : Basic fare is Rs. 190
Rajalakshmi
16-May-2014 , 05:08:54 pmI agree with the answers given by Mr. Shankygarg