Thank you for the video. Please explain the following scenario In case Tour Operator opts for 18% with ITC Tour Operator books a 5 Star hotel room of Tariff 10,000+28% GST from Hotel (ITC=2800) Tour Operator sells the room to the client @ 11000+18% with ITC Model (Output Tax = 1980) So does that mean that the Tour Operator is at advantage, assuming he deals with only 5 star hotel ?
Sir gstr1 kese file krenge...5% supply bhi hai and 18% supply bhi hai!!!! At 13:58 how can u take itc on gst paid @5% ...as per my knowledge no itc allowed on 5% gst rate!!!!
tours and travel business me exemption kaha kaha pe hai and and kis kis chij me optional hai gst pay karna ye sab mujhe nhi pata kya aap ispe ek vdo bana sakte hai
1st question he ki jaise mera trussel level cross nhi hua but guest GST bill mang Raha hai us case me kya krna he? 2nd Q i am tour operator but some some b2b package domestic and international package guest ko send krna padta he us case kya karna he?
If a tour operator is paying tax @5% without ITC in one bill Do he need to follow the same method in all the invoice or he can charge somewhere 5% without itc &18% with ITC
On Transportation if you are charging 18% GST on service charges then how will you give a gst bill to the customer ? You can't show service charges breakup to customers.
Maine ek complete tour package Banaya hai apne customer k lia Jisme Air ticket alag se liya Aur hotel + land part alag se liya hai to mujhe gst kese calculate Krna hoga apni customer ko bill Dene k lia Please help
On tour Package 5% GST applicable And in a package you take Hotel(12 or 18% GST)from hotel + transport 5% GST from transporter of then you have to raise bill to customer.. in this case you have to give a GST bill to customer but you can't show your service charges separately with 18% GST...in this case we hav to give 5% gst on total package cost+ service charges.. Is it correct ????
Sir ek confusion h Mane third party se lead kharidi 10% total amount ka unhone mujhse charge Kiya uske baad jitna pese h usme mujhe client ko package bhejna h so mujhe gst kese pay karni h total amount Jo client ne pay Kiya h uspe ya Jo mujhe third party se received hua h after deduction uspe ?
Some hotels don't have GST then how to raise a GST bill to customers. As per my CA we have to pay hotel charges+ our services charges all total Amt GST(12%/18% as per hotel teriff) Is it correct ????????
Sir tour travel agent business ke liye video kab banaoge 1 How to show reimbursement amount in gst return. 2 How to calculate turnover in gst. 2Can show reimbursement
main sirf air ticket agent hoon or air ticket hi sale karta hoon , mnc company se lekar jaise ki easemytrip, makemytrip, or meri saal ki turnover 5 se 10 hi hai. fir bhi mere pass gst no. hai. or 1 saal se main gst file kar raha hoon. HSN CODE OR SAC CODE KYA HAI, OR INKA KYA USE KARNA HAI GST FILE KARNE MAIN. OR HSN CODE OR SAC CODE KAISE PATA KAREN..
sir i unable to understand that i purchased a ticket from airline 2000 including 5% gst and selling with markup 2500. how much gst i can put in this 5% or 18 &
Well explained. Please clear my following doubts- 1) in case of your operator, if we charge 18%tax. On which amount we will have to charge 18% I.e on tour package value or on the markup ? 2) how to raise the invoice to client on whose behalf we have booked air ticket?
GSTiNATION thanks for reply My doubt is that we have to get 12000 from client ie for 10k against ticket price and 2000 against markup. How to show it in invoice?
Most of the people face this problem. If you chrge tax on markup you end up displaying your profit that you charged to your client. There are 2 alternatives- Bill to the client directly there are portals that do such kind of stuff add your profit & bill it to the client 2. Go with the ITC approach Say your ticket amount is 10000 and 1000 is the tax on it. Bill it (12000 + tax) with the accumulated Credit appropriately displayed
Sir, how to apply for gst for those who want to start lmv travel business? Please post video in details like complete documents needed.one of my friend need to apply for cmscst uddami Yojana and start travel business by buying lmv from the cmscst uddami Yojana fund?????
Hi sir need clarity its a great confusion can we charge 5% & 18% both GST on one GST or in initial we need to opt for now GST either 5% or 18%, please help for clarity anyone
ITC claim ,tour to tour operator in case of 5% It is related to my customer , I just didn't cleary understand the concept, Can I ask you for reexplain it to me ?
For commission GST you can raise a monthly invoice in the name of seller (tbo) and pay thr Gst to govt and mail that invoice to saller(like tbo) For flight ticket commission. And it will be an all monthly sales commission total...same for other vendors you can do.
Nice video...👌 But sir I have a question i.e Can I use both the model of charging GST simultaneously like in a particular invoice 5% with no ITC in another invoice 18% ?
sir one of my client mr x purchased an air ticket from kolkata to chennai from goibibo for rs 10000 where i received a commission of rs 400 and i hvnt received any service charges from mr x...that means my cgst will be rs 36 as wel as sgst will be rs 36 also.sir please help me what will be sale entry in tally? who will be sundry debtor here? mr x or goibibo? i hv received commission from goibibo of rs 400 and hvnt received any service cgarges from mr x but mr x paid me rs 10000 for the price of ticket by cheque ....m anxiously waiting ur valuable response....pls hlp me sir party ( ???????? ) a/c dr rs 400.00 to commission received rs 339.00 to cgst rs 30.50 to sgst rs 30.50 m not sure that this entry is correct or not.......please clear my doubt sir pls pls pls
If you are getting a 5% GST bill on the total bill amount from the transportation.. then how will you raise a bill to the customer ? Cant we do actual + service charges and all total 5% GST ?
i am not agree with you ...I called to indirect Tax Dept. ref by GST Help Line for More Clarification. If my annual Income less than 20 Lakh then no need to take GST. here max 80% agents selling Flight tickets on behalf of other GST registrar Company and still they are surrendering GST and GST Dept. also accepting the same
Very informative.
Pl share further detailscwith latest rates & rules
Thank you for the video. Please explain the following scenario
In case Tour Operator opts for 18% with ITC
Tour Operator books a 5 Star hotel room of Tariff 10,000+28% GST from Hotel (ITC=2800)
Tour Operator sells the room to the client @ 11000+18% with ITC Model (Output Tax = 1980)
So does that mean that the Tour Operator is at advantage, assuming he deals with only 5 star hotel ?
Place of supply in travelling business and tour package business. Please do video sir
Sir gstr1 kese file krenge...5% supply bhi hai and 18% supply bhi hai!!!!
At 13:58 how can u take itc on gst paid @5% ...as per my knowledge no itc allowed on 5% gst rate!!!!
Same ques . I also gt confuse. Pls clarify sir.
Same here... 18% should be charged on commission..
Sir Please ek Starting se end tk ka video bnao ki hmako kya kya krna rahega
tours and travel business me exemption kaha kaha pe hai and and kis kis chij me optional hai gst pay karna ye sab mujhe nhi pata
kya aap ispe ek vdo bana sakte hai
1st question he ki jaise mera trussel level cross nhi hua but guest GST bill mang Raha hai us case me kya krna he?
2nd Q i am tour operator but some some b2b package domestic and international package guest ko send krna padta he us case kya karna he?
GSTR1 mei base fare kaise dikhaye or kisme ?
If a tour operator is paying tax @5% without ITC in one bill
Do he need to follow the same method in all the invoice or he can charge somewhere 5% without itc &18% with ITC
Did you get the answer to this??
Hi sir, can you please make a video in detailed for accounting entries of travel agency with respect to payment settlement entries also
Pl share as per this request
Please sir travel agency ka TDS deduction hota hai kya limit please
Thanku u lot sir very helpfull video
Sar air travel agents ko kisne registration lage compositioya regular
If ticket booked by tour operator on behalf of client and no extra charges on that. Should that ticket expenses need to include in GsT turnover.
Sir aapne airline m itc utilisation ka bataya h wo kha apply hoga
Very usefull video. Thnk u sir ji 🙏
2021 5% GST ....Plz Elaborate More on this
Please explain how turnover will be computed for agent who charges only service fee
GST on income received on insurance is missing. Please add
How If i book a flight from Skyscanner at 9000 and sold to client at rs 10000 the how would i make invoice and taxation.
Commercial vehicle tours and travels GST amount refund Bank mein kaise le sakte hain 1.75 hai lakh
On Transportation if you are charging 18% GST on service charges then how will you give a gst bill to the customer ? You can't show service charges breakup to customers.
Cancellation charges can we take as a agent ???? Is it eligle
Sir, Tour & Travels Business ke upar keya RCM ( Reverse Charges Mechanism ) lagu hota hai ? please reply me Sir.
Can you please explain clearly about Itc
Sir 10000 air ticket hai aur basic fare 9500 hai to commision 500 hua na ki ki 400 please reply
Maine ek complete tour package Banaya hai apne customer k lia
Jisme
Air ticket alag se liya
Aur hotel + land part alag se liya hai
to mujhe gst kese calculate Krna hoga apni customer ko bill Dene k lia
Please help
On tour Package 5% GST applicable
And in a package you take Hotel(12 or 18% GST)from hotel + transport 5% GST from transporter of then you have to raise bill to customer..
in this case you have to give a GST bill to customer but you can't show your service charges separately with 18% GST...in this case we hav to give 5% gst on total package cost+ service charges..
Is it correct ????
Sir ek confusion h Mane third party se lead kharidi 10% total amount ka unhone mujhse charge Kiya uske baad jitna pese h usme mujhe client ko package bhejna h so mujhe gst kese pay karni h total amount Jo client ne pay Kiya h uspe ya Jo mujhe third party se received hua h after deduction uspe ?
Some hotels don't have GST then how to raise a GST bill to customers.
As per my CA we have to pay hotel charges+ our services charges all total Amt GST(12%/18% as per hotel teriff)
Is it correct ????????
If the hotel doesn't Have GST then how will you give gst bill to Customer?
Very much clear video ...
Please add ITC on hotel service for travel agent
good video , can you create video for which accounting software is best for travel industry where GST is handled properly.
Cashx use kijiye sir
@@Kashvi786 - that is wrong. we should pay taxes as per law
Sir tour travel agent business ke liye video kab banaoge
1 How to show reimbursement amount in gst return.
2 How to calculate turnover in gst.
2Can show reimbursement
main sirf air ticket agent hoon or air ticket hi sale karta hoon , mnc company se lekar jaise ki easemytrip, makemytrip, or meri saal ki turnover 5 se 10 hi hai. fir bhi mere pass gst no. hai. or 1 saal se main gst file kar raha hoon. HSN CODE OR SAC CODE KYA HAI, OR INKA KYA USE KARNA HAI GST FILE KARNE MAIN. OR HSN CODE OR SAC CODE KAISE PATA KAREN..
Ye code bo hote ha jo aap service de rhe ha or ye code aapko apka C.A DETA HA
Sir pls share the BTA card information or UATP information
1. IGST(FOR other states)
2. CGST & SGST (for the same estate)
3. How to do for international customers ?
Sir Esme ITC kaise milti hai
Sir, travelling agent agar hum pay kare toh usme TDs deducted karna padega kya agr pedega toh konsa section m karna padega aur konsa value pe katne padega plz reply
Place of supply in case of commission
sir i unable to understand that i purchased a ticket from airline 2000 including 5% gst and selling with markup 2500. how much gst i can put in this 5% or 18 &
can we claim ITC in in slab method (ticketing)?
Invoice generate karke samjao
Sir aapne kisi agent ki return lagai h kya . Chota agent jo airlines se directly purchase nahi karta h
Service income 18%
Commission income Slab rate model
basic fare ka @5%/10% ka 18%
Commission model seedha 18%
Can i take ITC if i purchase a package from other tour operators and then after adding my markup , sale the package to my customer with gst rate 5%.
Sir how to raise an Invoice to customer in case of Travel Insurance?
Well explained. Please clear my following doubts-
1) in case of your operator, if we charge 18%tax. On which amount we will have to charge 18% I.e on tour package value or on the markup ?
2) how to raise the invoice to client on whose behalf we have booked air ticket?
Please share video regarding place of supply, export of service concept also.
Both are same
If you charge on whole amount you will get the ITC and you end up charging excess tax on the markup amount
Can you be more specific on ur second doubt?
GSTiNATION thanks for reply
My doubt is that we have to get 12000 from client ie for 10k against ticket price and 2000 against markup. How to show it in invoice?
Most of the people face this problem.
If you chrge tax on markup you end up displaying your profit that you charged to your client.
There are 2 alternatives-
Bill to the client directly there are portals that do such kind of stuff add your profit & bill it to the client
2. Go with the ITC approach
Say your ticket amount is 10000 and 1000 is the tax on it.
Bill it (12000 + tax) with the accumulated Credit appropriately displayed
Sir, how to apply for gst for those who want to start lmv travel business?
Please post video in details like complete documents needed.one of my friend need to apply for cmscst uddami Yojana and start travel business by buying lmv from the cmscst uddami Yojana fund?????
Sir kindly Explain me how can i file after login on gst website
Sir gst regestration heme kon se scheme k under lene hoga
please make the video for tour package
Hi sir need clarity its a great confusion can we charge 5% & 18% both GST on one GST or in initial we need to opt for now GST either 5% or 18%, please help for clarity anyone
Sir kindly upload a video related to impact of income tax and income/turnover in case of travel agent in income tax act. .
Hotel accommodation domestic as well international booking as tour operator nd selling the same. How does make my trip works.. gst working.
In detail
Nice industry wise lecture needed
ITC claim ,tour to tour operator in case of 5%
It is related to my customer ,
I just didn't cleary understand the concept,
Can I ask you for reexplain it to me ?
Nicely explained
I wish there was subtitles i dont understand anything
agar agent commission and markup dono par kam kar raha ho to gst kaise file hoga agent agar 2-3 company ka agent ho to
For commission GST you can raise a monthly invoice in the name of seller (tbo) and pay thr Gst to govt and mail that invoice to saller(like tbo)
For flight ticket commission.
And it will be an all monthly sales commission total...same for other vendors you can do.
Make video on hotel booking gst
Sir mujhe traveling entries tally m kaise Karna h vo bataiye
Travelling ka koi entry hoti nhi he,
Nice video...👌
But sir I have a question i.e Can I use both the model of charging GST simultaneously like in a particular invoice 5% with no ITC in another invoice 18% ?
Did you get the answer??
@@dhruvipandya1207 no not yet
@@skmdsalman oh okay
20 00 000 /- Turnover means total Bank Yearly turnover ?? or Commissions and Earnings turnover
Amount received as a part of reimbursement on behalf of clients is not included in turnover :)
sir one of my client mr x purchased an air ticket from kolkata to chennai from goibibo for rs 10000 where i received a commission of rs 400 and i hvnt received any service charges from mr x...that means my cgst will be rs 36 as wel as sgst will be rs 36 also.sir please help me what will be sale entry in tally?
who will be sundry debtor here? mr x or goibibo?
i hv received commission from goibibo of rs 400 and hvnt received any service cgarges from mr x but mr x paid me rs 10000 for the price of ticket by cheque ....m anxiously waiting ur valuable response....pls hlp me sir
party ( ???????? ) a/c dr rs 400.00
to commission received rs 339.00
to cgst rs 30.50
to sgst rs 30.50
m not sure that this entry is correct or not.......please clear my doubt sir pls pls pls
Can you please explain the term for Freelancer gst as well
Please sir confirm me
If you are getting a 5% GST bill on the total bill amount from the transportation.. then how will you raise a bill to the customer ?
Cant we do actual + service charges and all total 5% GST ?
great
few points not understand or u may not explained correctly..
Please sir
Itc kua h pls repl
Pura ek video Bana hai hamare channel mein aap Dekh sakte hai :)
i am not agree with you ...I called to indirect Tax Dept. ref by GST Help Line for More Clarification. If my annual Income less than 20 Lakh then no need to take GST. here max 80% agents selling Flight tickets on behalf of other GST registrar Company and still they are surrendering GST and GST Dept. also accepting the same
So you mean agents Booking via agent portals no need to apply for gst registeration
..