Septem World Travels LLP

Directions Contact the business

Septem World Travels LLP International & Domestic Holiday Packages, Air ticket booking, Series/Block Fares, Visa & Insurance

31/05/2024

Uttarakhand Trip Mar 2024 (130 Students) -

Zayna Shah

Your Next Foreign Trip is Becoming ExpensiveGovernment has Introduced 20% TCS on all Credit Card Transactions Internatio...
19/05/2023

Your Next Foreign Trip is Becoming Expensive

Government has Introduced 20% TCS on all Credit Card Transactions Internationally from July 1, 2023

All use cases covered 👇

Let me simplify this for you 🧵
Before that, For Starters 💰

What’s the Basic Difference between TDS & TCS?

TDS - Tax Deducted as Source
TCS - Tax Collected as Source
Your Company deducts TDS on your Salary, Bank deduct TDS on FD Interest

While Your Bank Deduct TCS on Foreign Remittances, basically TCS is Collected by the Seller at the Point of Sale

Now let’s Dig Deeper in the Use Cases

• Use Case 1

Shubham has a Credit Card with a Credit Limit of ₹5 Lakh

He went on an International Vacation to Dubai

He used his Credit Card for all Transactions abroad such as Hotel Bills, Shopping, Restaurants, Cabs etc
His Total Spends are say ₹2.5 Lakh

Total Spends/Bill - ₹2.5 Lakh
20% TCS - ₹50,000

Total Amount - ₹3 Lakh

(Note, Your bank may charge additional Forex Markup, GST when you use Credit Card Abroad)

You see what happened here

So Basically Shubham has to pay 20% TCS on his spends upfront

His Credit Card issuing Bank will Deposit that 20% TCS against his PAN

Shubham can claim/adjust this TCS only at the time of filling his Income Tax Returns
• Use Case 2

Aman wanted to Book a Honeymoon Trip Package for Maldives

He got a Quote of ₹5 Lakh (All Included) from a Travel Agency based out of India

Aman doesn’t use a Credit Card

He wanted to pay via Debit Card/Cash/Net Banking

Aman too has to Pay 20% TCS

So the Total Upfront Amount he needs to pay is ₹6 Lakh Instead of ₹5 Lakh

Why Government is Doing This?

• To Tax Rich & HNIs
• Increase TCS Cashflow
• More People in Tax Net & Compliance
• To Promote Domestic Tourism (Maybe?)

Will it hurt Indian Credit Card Industry? 💳

Personal View, Yes

Many Premium Credit Cards such as Infinia, Magnus, Reserve used to offer great reward points on International Transactions

So even after Markup & Taxes, the Value back on Foreign Spends were great. But now people need to plan their spends accordingly as 20% TCS on Spends needs to be paid

• This is Applicable from July 1, 2023

• You may also set off the TCS Paid against your Advance Tax Liability

20/02/2023

AHMEDABAD - SRINAGAR - AHMEDABAD
AIR TICKETS AVAILABLE
MAY - JUNE !!

Call📞 : 098240 08608
Mail✉️ : [email protected]
For Any Inquiry!
Zayna Shah

Explore the Enchanting Beach Beauty of Sri Lanka With Your Partner.!Book Your Sri Lanka🇱🇰 Packages At Best Price With Se...
25/01/2023

Explore the Enchanting Beach Beauty of Sri Lanka With Your Partner.!
Book Your Sri Lanka🇱🇰 Packages At Best Price With Septem World Travels LLP . Get Exclusive Deals On Holiday Packages.
Get Best Deal, Best Price With Us!
Call📞 : 098240 08608
Mail✉️ : [email protected]
For Any Inquiry!
Zayna Shah




The Beautiful MALDIVES - Paradise on EarthIf a Romantic Vacation is on your mind, Don't Hold Back and Leave the planning...
19/01/2023

The Beautiful MALDIVES - Paradise on Earth
If a Romantic Vacation is on your mind, Don't Hold Back and Leave the planning to us🏖.

Book Your Maldives Packages At Best Price With Septem World Travels LLP . Get Exclusive Deals On Holiday Packages.
Get Best Deal, Best Price With Us!
Call📞 : 098240 08608
Mail✉️ : [email protected]
For Any Inquiry!
Zayna Shah

Vietnam has got the finest of city life , nature beauty , and architecture all around into one. 🇻🇳 Book Your Vietnam Pac...
05/01/2023

Vietnam has got the finest of city life , nature beauty , and architecture all around into one. 🇻🇳

Book Your Vietnam Packages At Best Price With Septem World Travels LLP . Get Exclusive Deals On Holiday Packages.
Get Best Deal,Best Price With Us!
Call📞 : 098240 08608
Mail✉️ : [email protected]
For Any Inquiry!
Zayna Shah

31/12/2022

AHMEDABAD - DUBAI SPECIAL FARE

SPICEJET @ 4.25 PM

DATES AVAILABLE AS PER BELOW

DATE : 01 JAN - 10 JAN ⏭ FARE : 14,800 PER PERSON
DATE : 11 JAN - 16 JAN ⏭ FARE : 12,800 PER PERSON
DATE : 17 JAN - 19 JAN ⏭ FARE : 13,200 PER PERSON
DATE : 20 JAN - 31 JAN ⏭ FARE : 12,800 PER PERSON

To book the above, kindly contact us on the below detail.

Team Septem
Zayna Shah

Take a break. You deserve it.Even if the only thing you've done today is walk from your villa to the beach🏖. Book Your M...
14/12/2022

Take a break. You deserve it.
Even if the only thing you've done today is walk from your villa to the beach🏖.

Book Your Mauritius Packages At Best Price With Septem World Travels LLP . Get Exclusive Deals On Holiday Packages.
Get Best Deal,Best Price With Us!
Call📞 : +91 98240 08608
Mail✉️ : [email protected]
For Any Inquiry!
Zayna Shah

Explore The Tropical Paradise With Your Soulmate.Bali Holiday Tour Packages: The Evergreen Destination For Honeymoon Cou...
13/12/2022

Explore The Tropical Paradise With Your Soulmate.
Bali Holiday Tour Packages: The Evergreen Destination For Honeymoon Couples
Book Your Bali Packages At Best Price With Septem World Travels LLP . Get Exclusive Deals On Holiday Packages.
Get Best Deal,Best Price With Us!

Call📞 : +91 98240 08608
Mail✉️ : [email protected]
For Any Inquiry!
Zayna Shah

Address

504, 5th Floor, RE 11 Corporate Offices, NewYork Timbermart Lane, Besides Sankalp Iconic Towers, Iskon Ambli Road, Iskon
Ahmedabad
380058

Opening Hours

Monday 10:30am - 7:30pm
Tuesday 10:30am - 7:30pm
Wednesday 10:30am - 7:30pm
Thursday 10:30am - 7:30pm
Friday 10:30am - 7:30pm
Saturday 11am - 7:30pm

Website

Alerts

Be the first to know and let us send you an email when Septem World Travels LLP posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Septem World Travels LLP:

Shortcuts

Share

Category