Tour Operator Services

September 25, 2016   admin  GST Wise Implications
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  • Impact on Output Pricing

  • Separate registrations in each state
  • ISD registration in case of common input services
  • TDS deduction by customer may impact decision of registration

  • Impact on Supply Chain Management

  • Services amongst Branch taxable
  • ISD to play a major role
  • Debit / Credit notes may pose challenge
  • Salary of supervisors / senior management handling supply across different states may pose a problem

  • Impact On Place of Supply

  • Place of Supply shall usually be the location of recipient in case of B2B
  • Location of supply in case of sub contractors shall also influence many business decisions

  • Impact on Registrations

  • Separate registrations in each state
  • ISD registration in case of common input services
  • TDS deduction by customer may impact decision of registration

  • Impact on Cash Flow

  • Advances made taxable
  • Vendor / Customer discounts to be examined for tax impacts
  • Impact on tax in case of provisioning by customers

  • Input Tax Credit

  • Input of Credit on consumables may reduce operational costs
  • Credit of State GST restricted in certain cases

 

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