Tag Archives: CA Manish Gadia

In its last leg for the year, Global Panorama Showcase (GPS) hosted it’s first ever showcase in the city of Pune. The Pune edition of GPS witnessed a response of 900 plus registrations. The first day which included product presentations and GST session by CA Manish Gadia, Tax expert, GMJ &Co had a attendance of over 350 plus attendees. Apart from buyers from Pune the attendees include buyers coming from cities like Nashik, Satara, Sangli, Kohlapur, Ahmednagar, Baramati, Karad etc. Next year, GPS will continue to showcase at Nagpur, Ahmedabad, Chandigarh, Kolkata, Kochi and Pune. GPS will also be introducing Lucknow as a new city in 2018 and is also looking for other probable cities to host the exhibition.

The second edition of Global Panorama Showcase in Chandigarh took off from where it left Ahmedabad last week, with a packed crowd and a plethora of business opportunities for the trade. The first day saw select product presentations from the likes of InterGlobe Technology Quotient, FXKart, Tourism Office of Spain, Genting Hong Kong, Sahibji Group of Companies and Voice of Chandigarh. This was followed by the much-awaited session on GST by CA Manish Gadia from GMJ & Co which gave the present representatives of the travel trade valuable insight into the workings of GST. Day 2 will commence the B2B sessions and with that it will bring to the front the tourism potential of this Tier II city.

The Travel Agents Association of India (TAAI) has started conducting educational workshops on GST for its members across all chapters along with its consultant and Service Tax expert, Manish Gadia, Partner, GMJ & Co. Jay Bhatia, National Treasurer and Chairman (Tourism Council), TAAI, says, “We did a session on GST in Ahmedabad on Saturday, May 27 and are doing another one in Mumbai on June 1. We have planned this pan-India for our chapters and the dates and cities will be announced soon.” The association will conduct another one in Lucknow on June 8. Gadia, who recently conducted a session on the same topic for Indian Association of Tour Operators (IATO) members in Mumbai says, “The main doubt of the IATO members was whether they have to go for five per cent or 18 per cent, whether they have both options, what will be the place of supply, and how can they get the maximum benefit from GST. Any change will always have some pros and cons. Introduction of GST is one the biggest economic reforms for India. So the tour operators will have to change the way they are doing business today.”  

CA Manish Gadia, Partner, GMJ & Co, says, “The Service Tax has indeed gone up from 1.5 per cent to nine per cent on the total tour package now, which is a huge jump. While the tour operators will now have to pay a higher tax, they will also stand to benefit from this as they can now take set-offs in the form of CENVAT credit. According to this, service providers are allowed a set-off of the taxes paid on the services that are incurred while providing the same.”