Online MCQ Series as per recent change of Exam Pattern by ICAI from May 19 onwards

MCQ series for revision purpose to cope up with the recent change of exam pattern, Click on your respective course for MCQ Series: ...

Friday, 20 January 2017

Service tax rate amended for tour operator

Service tax rate amended for tour operator as FLAT rate of 9% will be charged for package tour and hotel booking from 22nd January, 2017.
Notification of the Government is attached herewith for reference.

In brief , for any kind of booking, there will be Flat service Tax rate of 9% (included swach bharat cess & krishi kalyan cess).
Bifurcation will be :
Service Tax                = 8.40%
Swacch bharat Cess   = 0.30%
Krishi Kalyan Cess    = 0.30%
Total Service Tax      = 9.00 %

Please note that any invoice raise on or after 22nd Jan 2017 will have Total 9% service Tax.
e.g. Rikks Tourism has provided services of Rs. 100 then total Bill amount will be Rs. 100+9% = Rs. 109.

Subscribe for Updates:

No comments:

Post a Comment

Popular Posts