Abatement in case of Tour Operator’s Services
Finance Bill 2016 Abatement in case of Tour Operator’s Services (Applicable w.e.f. 01.04.2016): Earlier, the relevant provisions as applicable are summarized as under: Now, definition of “Package Tour” is being omitted. Now, there are two classifications only. Abatement of 70% can be availed in respect of all types of tour. However, in case of mere… Read More »