Trade Pulse | 2017-08-12
Online travel agents liable to deduct one per cent TCS under GST



As per the PTI report, travel agents providing online ticketing and other services will be liable to deduct one per cent tax at source under the GST regime as they have been classified as e-commerce operators, the Central Board of Excise and Customs (CBEC) said on Tuesday. Under the Goods and Services Tax (GST) regime, an e-commerce operator is required to collect one per cent of the net value of taxable supplies made through it. The amount so collected is called tax collected at source or TCS but this provision has been kept in abeyance for the time being. Online travel agents have been classified as e-commerce operators (ECO) and so they have to deduct TCS.



CBEC, in a fresh set of frequently asked questions (FAQs), said the TCS requirement would not apply to someone selling own products through a website. Only applicable GST for the goods would be levied in that case. Electronic commerce or e-commerce means supply of goods or services, including digital products, over electronic network and an e-commerce operator are a person who owns operates or manages the electronic platform for e-commerce, it said. “Online travel agents providing services through digital or electronic platform will fall under the category of ECO (e-commerce operator) liable to deduct TCS under Section 52 of the CGST Act, 2017,” the CBEC said. Kerala expects sharp increase in tourist arrivals



As per the PTI report, with Kerala shifting into high gear with a new and assorted fare of tourism products, the state expects a sharp increase in domestic and international arrivals at nine per cent and 11 per cent, up from 5.67 per cent and 6.25 per cent in 2016, said a tourism official of Kerala. KS Shine, Kerala Tourism Information Officer, said, “International tourist arrivals stood at 10.38 lakh and domestic tourists at 1.32 crore during 2016, generating revenue of INR 7,749.51 crore and INR 29,658.56 crore. “With the state shifting into high gear with a new and assorted fare of tourism products, the arrivals are expected to increase considerably,” Shine said.



He said the mainstay for international tourists are leisure trips and Ayurveda and added that with the upcoming greenfield airport at Kannur, Kerala Tourism intends to establish Malabar, sharing the boundaries of Coimbatore, Coorg and Mysuru, as the new tourism gateway to Kerala. To reach out to the domestic market, a string of road shows will be held this year in Mysuru, Gurgaon, Amritsar, Lucknow, Kanpur, Bhopal, Vadodara, Rajkot, Ahmedabad and Nagpur, he said.

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