TaxTMI 
TaxTMI 
Respected Sir,
What is the procedure to calculate of Service Tax on Tour Operator and Event Management Business.
Service Tax on Tour Operator and Event Management
13 Jan 2013 
1 Reply 
1574 Views Asked by
Abatement entitlement reduces taxable value; service tax is payable on the residual for tour operator and event management services.
Where a provider of tour operator or event management services is eligible for an abatement notification, apply the prescribed abatement rate to reduce the gross value; the remaining amount is the taxable value on which service tax is payable at the applicable rate. (AI Summary)
Where a provider of tour operator or event management services is eligible for an abatement notification, apply the prescribed abatement rate to reduce the gross value; the remaining amount is the taxable value on which service tax is payable at the applicable rate. (AI Summary)