Tag Archives: TCS Amendment

TCS will be a deterrent for international travel and we hope that government will get further time to think over it. “I am not so happy about this decision because it’s only a deferment of three months” responded Manoj Saraf, MD, Gainwell Travel & Leisure.

Riaz Munshi, President, OTOAI believes that policy contradicts the government’s slogan of “ease of doing business” in India. “It is relief now, but situation is complicated. If such policies continue to emerge, it will be difficult to conduct business.

Reacting to the recent TCS amendment, Ajay Prakash, President, TAFI, questioned, “If luxury car attracts only 1% TCS then why is travel fraternity victimized?” He added that the change will provide breather but won’t take away the fact that scheme was hastily implemented.

Guldeep Singh Sahni, Director, Weldon Tours And Travels expressed gratitude to Finance Ministry over TCS Amendment. “It was a big relief for the travel industry. The outbound tour operators’ business is greatly impacted by this decision and it is victory for the sector.