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Tour Operators to Business Auxiliary Services

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..... NEED URGENT REPLY Dear All, Iam working in a Tour Operator Company. As there is a change in Service Tax rate, we have lost our customers due to high cost. and our business was in a very bad condition. And against this, our management has decided to change our service tax category as tour operator to business auxiliary services. So, now we will be charged 15% service tax on our markup. Kind .....

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..... ly, provide advice on the above change and how it will affect our business (as we are accredited tour operators of both kerala govt and india govt.) Hopefully, Rahul Das. - Reply By KASTURI SETHI - The Reply = Dear Querist, You cannot change classification/category of service. Definition s of services have been omitted w.e.f. 1.7.12. Accouning codes of various services under erstwhile categori .....

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..... es are for statistical purpose. Service Tax is to be paid on the nature of service as defined under Section 65 B (44) of the Finance Act and various notifications providing abatements/benefits of RCM/Service portion. You are to avail abatements/RCM/other benefits as per notifications. You have no volition to waive abatements or RCM. - Reply By Ganeshan Kalyani - The Reply = I fully agree wi .....

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..... th Sri Kasturi Sir 's view. One cannot change the nature of service to avail any kind of benefit. This will cost you heavy in future. Thanks. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = If GST comes into effect it is expected that the tax rate for services up to 18%. - Tour Operators to Business Auxiliary Services - Query Started By: - RAHUL DAS Dated:- 31-3-2017 Service Tax - Got 3 R .....

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..... eplies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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