GST Taxability On Tour Operators

GST Taxability On Tour Operators

Major Source of Income of Tour Operator & Travel Agents: Commission from Airlines& any mark-up amount from passengers. Sale Tour Packages, both inbound and outbound Travel Related Services like Visa, Passport etc. Hotel Bookings CAR Rental Services, Travel...
GST On Dealers Dealing in Foreign Exchange

GST On Dealers Dealing in Foreign Exchange

The following option for determining value of supply for a person providing service in relation to purchase or sale of foreign currency & money changing: Option A WHEN ANY CURRENCY IS EXCHANGED FROM OR TO INDIAN RUPEES : VALUE = (BUYING OR SELLING RATE -RBI...
Services as a Freelancer-Falling Under Tax Net

Services as a Freelancer-Falling Under Tax Net

Yes, Freelancer is also liable to pay tax in India. Many people don’t like doing a fixed time job and are more acquainted to the flexibility in their working hours. So, these people are termed as Freelancers. Herein we shall discuss about the tax liability of the...
Revocation of Cancellation of Registration

Revocation of Cancellation of Registration

WHAT IS REVOCATION OF CANCELLATION? Revocation means the official cancellation of a decision or promise. Revocation of cancellation of registration means that the decision to cancel the registration has been reversed and the registration is still valid. WHEN IS...