Service Tax on Tour Operator and Event Management Business.

[AMIT JAIN, Advocate]

Respected Sir,

What is the procedure to calculate of Service Tax on Tour Operator and Event Management Business. plz sir any body help me on this matter.its urgent

[Naveen Jain]

Dear Amit,

 

Your query is not so specific. Its general one.

On each service, Service tax is caluculated on Gross Value charged for service rendered @ 12.36 at present, except in case when service provider claim abatement. 

AI Summary

Service tax liability on tour operator and event management services follows gross value taxation unless abatement applies to reduce taxable value. Service tax for tour operator and event management businesses is charged on the gross value received for each service, with tax applied at the prevailing rate unless a specified abatement is claimed; where abatement applies, the taxable value is reduced accordingly before applying the rate.