Service tax on mandap services and air travel agent commissions requires collection, valuation rules, registration and penalties. Service tax is imposed from 1 July 1997 on services by mandap keepers and air travel agents. A mandap keeper is liable for tax on the gross amount charged for letting immovable property for functions, including ancillary charges and catering (with a 40% abatement where catering is supplied by the same provider, making tax leviable on 60% of the total). Air travel agents are liable on commission earned from airlines or may opt to discharge liability by paying a prescribed percentage of basic fare. Both categories must register, collect and remit tax, file returns, maintain records and are subject to interest and penalties for non-compliance.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Service tax on mandap services and air travel agent commissions requires collection, valuation rules, registration and penalties.
Service tax is imposed from 1 July 1997 on services by mandap keepers and air travel agents. A mandap keeper is liable for tax on the gross amount charged for letting immovable property for functions, including ancillary charges and catering (with a 40% abatement where catering is supplied by the same provider, making tax leviable on 60% of the total). Air travel agents are liable on commission earned from airlines or may opt to discharge liability by paying a prescribed percentage of basic fare. Both categories must register, collect and remit tax, file returns, maintain records and are subject to interest and penalties for non-compliance.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
