Online travel agents liable to deduct 1% tax at source
The CBEC has said that online travel agents will be liable to deduct 1% tax collected at source (TCS) under GST. They have been classified as e-commerce operators, which can deduct TCS while making payment to suppliers. CBEC also clarified the benefit of exemption from GST to businesses with turnover up to â¹20 lakh is not available to e-commerce operators.