AIR TRAVEL AGENT VALUATION RULE 32 | Semantic Taxgen Pvt Ltd

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AIR TRAVEL AGENT VALUATION RULE 32

December 13, 2017

The value of the supply of services in relation to booking of tickets for travel by air provided by an air travel agent shall be deemed to be an amount calculated at the rate of

5%of the basic fare                                 domestic bookings,

10% of the basic fare                               International bookings of passage for travel by air.

Explanation.- For the purposes of this sub-rule, the expression “basic fare” means that part of the air fare on which commission is normally paid to the air travel agent by the airlines.

 

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