Tag Archives: GMJ & Co

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 leg of Global Panorama Showcase (GPS) opened in Ahmedabad to an overwhelming response on day one. The first day began with product presentations by exhibitors and received 600 plus attendees. The product presentations were followed by the much-awaited session on GST by team GMJ & Co. There will be table top B2B meetings between exhibitors and buyers taking place on day 2 and 3 of the event.

Following close on the heels of national travel trade associations, the Maharashtra Tour Organisers Association (MTOA) recently conducted a seminar on the impending GST for its members in Mumbai. It was conducted on June 5, 2017, by noted Service Tax expert Manish Gadia, Partner, GMJ & Co, who conducted similar sessions for TAAI as well as IATO. Sudhir Patil, President, MTOA, says, “We welcome the new GST regime though there is a lot of fear factor attached to it. Complications are expected. But I hope that more seminars will help us make this a smooth transition.” The association also launched its website (www.mtoa.co.in) on the same day.

The Indian Association of Tour Operators (IATO) recently organised a seminar with noted Service Tax expert Manish Gadia, Partner, GMJ & Co to talk on GST and to reply to member queries. The session mostly touched upon how GST is likely to affect inbound agents. Himanshu Agashiwala, Chairman, Maharashtra Chapter, IATO, said, “Everyone has been discussing about GST and so we decided to conduct this session in Mumbai. We saw a fantastic response with more than 75 members attending the event. We even welcomed a couple of non-members from the trade.” The association also discussed a few state-related issues before the session including the scarcity of guides, transport tax and upcoming events. Agashiwala also urged members to get more active and help out the committee in various tasks, including volunteering for the Hotel Inspection Committee that IATO is a part of.

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.”