HI All,
I'm planning to start a Travel Agency which involves Out Bound Tours (International Tours), DOmestic Tours, Hotel/Cruise Reservations, Visa, Passports, Train/Bus ticket reservations. I would like to know the various Invoice formats & GST % to be used in client invoices based on the above services used by client.
Thanks !
There is no specific format for different types of services or goods.
Invoice should contain HS code, gst rate and you are good to go.
You can use KYG invoicing for generating invoices.
In your travel agency, the invoice structure should display all offered services (like outbound tours, internal vacations, hotel/cruise bookings, visa/passport assistance and train/bus ticket reservations) with separate pricing. Normally, GST percentages are between 5% and 18% based on the type of service rendered. For instance, tours and travel packages typically have a GST rate of 5%, while hotel reservations can range from 12-18% in terms of their room tariff per night's cost multiplied by the number nights stayed at this place plus other charges like food or drinks taken during the stay, if any). It's important to separate GST amounts for easy tax calculation and compliance. Please use billing software.
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