GST On Tour Operator , Travel Agent Services
GST On Tour Operator , Travel Agent Service
Tour Operator Means – any person engaged in the business of planning, scheduling, organising or arranging tours (which may include arrangements for accommodation, sightseeing or other similar services) by any mode of transport, and includes any person engaged in the business of operating tours in a tourist vehicle or a contract carriage by whatever name called, covered by a permit, other than a stage carriage permit, granted under the Motor Vehicles Act, 1988 (59 of 1988) or the rules made thereunder.
Applicability of Registration Under GST for Tour Operator
Section 22 to 25 specifies the persons who are liable to obtain GST Registration.
Every person who is engaged in supply of goods or rendering of services or both will be liable to be registered under the GST if
- Aggregate Turnover in a financial year of taxable supply of Goods or services exceeds Rs. 20 Lac or
Aggregate Turnover in a financial year of taxable supply of goods or services exceeds Rs. 10 Lac if person is located at North Eastern area ( Manipur , Arunachal Pradesh , Nagaland , Meghalaya , Assam , Tripura & Mizoram , Sikkim , Jammu & Kashmir , Himachal
Pradesh & Uttarakhand )
GST Rate on Tour Operator Services
No Input Tax Credit Allowed
Input tax is a tax imposed on the person when he receives supply of goods & services which are used for his business. However utilization of Input tax credit for making GST payment is not allowed for Tour Operator Service Provider.
When GST become Payable for Tour Operator?
Earliest of following date shall be considered as time of supply.
- When invoice is issued
- When invoice is not issued in 30 days from date of supply of service
- Date of receipt of services in books of account of service recipient
Below is example for determining date of time of supply under GST
|Particulars||Date of completion of service||Date of Invoice||Date of receipt of payment||Date of entry in BOA of Recipient||Time of supply||Time of Supply|
|Invoice issued within the prescribed period||Jul-05||Jul-20||Aug-11||Jul-27||Jul-20|
|Invoice not issued within the prescribed period||