GENERAL PROVISIONS

DEFINITIONS Tour operator means any person engaged in the business of planning, scheduling, organizing, arranging tours (which may include arrangements for accommodation, sight-seeing or other similar services) by any mode of transport and includes any person engaged in the business of operating tours”. (GST) Event Management means any service provided in relation to planning, promotion, organizing or presentation of any arts, entertainment, business, sports, marriage or any other event and includes any consultation provided in this regard. (Service Tax) Event Manager means any person who is engaged in providing any service in relation to event management in any manner. (Service Tax)

VALUE OF SUPPLY TICKET BOOKING:- For booking of tickets for travel by air provided by an air travel agent shall be 5% of the basic fare in case of domestic bookings, and 10% of the basic fare in case of international bookings. Note:- Basic fare means that part of the air fare on which commission is normally paid to the air travel agent by the airlines. CURRENCY CONVERSION:- For foreign currency sale / purchase:- If converted to / from INR:- Difference between buying and selling rate * Units [If RBI reference rate not available:- 1% of gross INR] If both currencies are not INR:- 1% of lessor currency (value in INR after Conversion) Other option:- 1% of currency exchanged upto Rs 1Lac (Min Rs 250) 1,000+ 0.5% of currency exchanged from 1 Lac upto Rs 10 Lacs 5,500+ 0.1% of currency exchanged above Rs 10 Lacs (Max Rs 60,000)

Place of Supply of Services where Supplier & Recipient are in India In relation to an immovable property; by way of lodging accommodation by a hotel, etc; accommodation for organizing any marriage or reception; any services ancillary to above services. shall be the location at which the immovable property or boat or vessel. Note:- If the location of the immovable property is located or intended to be located outside India, the place of supply shall be the location of the recipient. By way of admission to a cultural, artistic, sporting, scientific, educational, entertainment event or amusement park, shall be the place where the event is actually held. By way of organization of an event including services in relation to a conference, fair, exhibition, celebration or similar events or ancillary services; or assigning of sponsorship to such events: to a registered person, shall be the location of such person; to a person other than a registered person, shall be the place where the event is actually held; if the event is held outside India, the place of supply shall be the location of the recipient.

Place of Supply of Services where Supplier or Recipient is outside India The place of supply of services supplied directly in relation to an immovable property, shall be the place where the immovable property is located or intended to be located. The place of supply of services supplied by way of admission to, or organisation of a cultural, artistic, sporting, scientific, educational or entertainment event, or a celebration, conference, fair, exhibition or similar events, and of services ancillary to such admission or organisation, shall be the place where the event is actually held. The place of supply of the intermediary services shall be the location of the supplier of services

Tour conducted wholly and exclusively outside India are exempt under GST Tour Operator Services can fall under many categories such as Intermediary Services, Performance based services etc.