Mam can you explain this one. I am an outbound tour operator in Bangalore. I organise Himalyan treks in Nepal only. I will charge only commission from customer of 10000 in India and remaining amount of 38000 INR customer will pay in Nepal. I won't be doing any booking of flights or accomodation in India, so no invoices will be generated in India. How much GST can I charge from Bangalore citizens? How much GST can I charge for someone who is not from Bangalore, let say Delhi..lastly do I charge GST even if I am taking commission only. Its very confusing and I could not get the answers since your scenario was all mentioned in India. Please advise.
Hi, Good video. I have a doubt. Let's say we purchase a complete tour package from the tour operator for the amount of Rs.10,000. We as a travel agent sells the package to Individual customer let's say 10,500. So do we charge 18 % GST on Rs 500 or 5 % on 10,500. If we charge 5 % on 10,500 then the customer is excessively charged with GST. 10,000 x 5 % = 500 and 10,500 x 5% = 525 (without ITC). But when we charge only on markup will be 500 x 18% = Rs. 90. Please suggest the best practice. It means Rs.10,500 + 90 =10090. This will have a major impact on international tours. Please suggest
Very well explained ma'am,thanks alot , filing gst return of one tour operator but didn't get clarity yet, finally got the clarity on 5% gst
Bahut achi video banayi hai, thanks 🙏
Thanking you ma'am.
Nicely explained Madam, Thanks
Excellent Lecture, Madam....
can you give example of an accounting entry in the case of credit sales?
Mam can you explain this one. I am an outbound tour operator in Bangalore. I organise Himalyan treks in Nepal only. I will charge only commission from customer of 10000 in India and remaining amount of 38000 INR customer will pay in Nepal. I won't be doing any booking of flights or accomodation in India, so no invoices will be generated in India. How much GST can I charge from Bangalore citizens? How much GST can I charge for someone who is not from Bangalore, let say Delhi..lastly do I charge GST even if I am taking commission only. Its very confusing and I could not get the answers since your scenario was all mentioned in India. Please advise.
if we get commission from airline and cruise, then are we pure agents ??
Hi, Good video. I have a doubt. Let's say we purchase a complete tour package from the tour operator for the amount of Rs.10,000. We as a travel agent sells the package to Individual customer let's say 10,500. So do we charge 18 % GST on Rs 500 or 5 % on 10,500. If we charge 5 % on 10,500 then the customer is excessively charged with GST. 10,000 x 5 % = 500 and 10,500 x 5% = 525 (without ITC).
But when we charge only on markup will be 500 x 18% = Rs. 90. Please suggest the best practice. It means Rs.10,500 + 90 =10090. This will have a major impact on international tours. Please suggest
If law has not restricted the itc, why to worry
Session brief plz