Please Help: gst input for tour operators services
Posted Date : 19-Dec-2018 , 06:49:06 pm | Posted By: Rajesh Sharma
Category :
GST | Answers :
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Hi, Notification has been Issued but still have doubt on rate of GST to take ITC between Tour Operator to Tour Operator. Is this ITC available in 18% category or 5% category? If anyone have clarity, please update.
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| Posted By : Rajesh Sharma |
31-Dec-2018, 04:18:33 |
| i am not clear please detail this sections 23 against item (1) and 3 column |
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| Posted By : YUGENDRA NAGPURE |
19-Dec-2018, 07:12:16 |
| The 25th GST Council meeting held in Delhi has decided to allow ITC of input services in the same line of business at the GST rate of 5% in case of tour operator services.
As per Notification 1/2018 ,Tour operator can claim itc on bill from services avail from other tour operator only As notification 1/2018 inserted the following to in notification 11/2017 in serial number 23, against item (i) in column (3), in condition 1 in column (5), after the words “supplying the serviceâ€, the words and brackets “, other than the input tax credit of input service in the same line of business (i.e. tour operator service procured from another tour operator)†shall be inserted So in 2A if its bill from Tour Operator , U can avail ITC , else No
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