Overseas tour package sales require seller-collected tax, except where the buyer has deducted tax under another applicable provision. Tax collection at source applies to the sale of an overseas tour programme package by the seller. The package covers travel, hotel accommodation, ... Summary
Overseas tour package sales require seller-collected tax, except where the buyer has deducted tax under another applicable provision.
Tax collection at source applies to the sale of an overseas tour programme package by the seller. The package covers travel, hotel accommodation, boarding, lodging, and similar or incidental expenditure. Tax is collected from the buyer at 2%, with no minimum transaction threshold. Collection is not required where the buyer has deducted tax at source under another applicable income-tax provision.
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