On the letter head of Travel Service Provider

Date:
To,
TBO Tek Limited ( “TBO”),
E-78 South Extension Part- I New Delhi 110049,
Also, at:
Plot no. 728, Udyog Vihar, Phase V
Gurgaon - 122016, Haryana, India

TCS DECLARATION U/S 206C(1G) OF INCOME TAX ACT, 1961

I, [enter the name of authorised signatory], [enter designation of the authorised signatory] of [enter the
registered name of the travel agency] with PAN No. [enter the PAN no. of the travel agency], registered address
at [enter the registered address of the travel agency] (hereinafter “Travel Service Provider”) do hereby undertake
and certify as under:

That I am the [enter the designation of the person] of the Travel Service Provider and authorised to give the
present declaration on behalf of the Travel Service Provider.

a. That I am fully aware of the new TCS regulations U/s 206C(1G) of the Income Tax Act, 1961 and
undertake, on behalf of the Travel Service Provider and its employees, agents, appoints etc., to comply with
the said regulations, including but not restricted to determining the nature of the products/services bought
(Tour package or standalone products), collecting and maintaining on record requisite
documents/declarations from end customers, collecting and remitting applicable taxes at the appropriate
rates.

b. That I have read and understood the “TCS declaration process” stipulated by TBO for complying with the
said TCS regulations which is enclosed with this declaration as “Annexure 1".

c. That I further undertake that without prejudice to any other remedies that TBO may have in law, Travel
Service Provider hereby agrees at all times, to defend, hold harmless and indemnify TBO, its directors and
employees from and against all claims, liabilities, expenses, proceedings, costs and losses that may be
suffered or incurred by TBO, which may arise out of or in connection with any incorrect information
furnished by us or the End Customers in the declarations.

d. That I shall take full ownership and responsibility for such declarations to be submitted to TBO for all the
the bookings

e. That the present declaration is drafted under my instructions. I understand its content and agree to be legally
bound it.

For, [enter the name of the Travel Service Provider Name]

________________
[enter the name of the signatory]
[enter the designation]
 Annexure 1 – Procedure for TCS Declaration

As part of the booking process, the Travel Service Provider would be required to confirm whether the products
are being sold to the end customer as standalone products or as part of Overseas Tour Programme Package

Option 1: In case of products being sold on a standalone basis, wherein the foreign remittances are made under
the Liberalized Remittance Scheme of Reserve Bank of India, the Travel Service Provider shall declare the
following for each end customer PAN:

a. The foreign remittance made by the End Customer for the financial year 2023-24 (including value of
remittance intended to be made for these Travel Products) under the Liberalized Remittance Scheme of
Reserve Bank of India does not exceed INR 7 lakhs and accordingly, the remittance for these Travel
Products will not be subject to tax collection as per section 206C(1G)(a) of the Income-tax Act, 1961

No TCS will be collected by TBO for such PANs

b. The foreign remittance made by the End Customer for the financial year 2023-24 (including value of
remittance intended to be made for these Travel Products) under the Liberalized Remittance Scheme of
Reserve Bank of India exceeds INR 7 lakhs and accordingly, the Authorised Dealer will be required to
collect tax in relation to the remittance for these Travel Products at the rate of 20% as per section 206C(1G)
(a) of the Income-tax Act, 1961.

TCS will be collected at the rate of 20% for such PANs. This TCS shall be collected from the End
Customer and further remitted by the Travel Service Provider to TBO for further remitting to the
Authorised Dealer who would be responsible for depositing the same with the Indian Government.

Option 2 : In case of products being sold as part of Overseas Tour Programme Package, the Travel Service
Provider shall declare the following:

(ii) That Travel Products is purchased for selling to End Customers as part of Overseas Tour Programme
Package as defined in Explanation to section 206C(1G) and that the Travel Service Provider has collected
appropriate tax in relation to these Travel Products in accordance with section 206C(1G)(b) of the Income-
tax Act, 1961.

(iii) Travel Service Provider Name hereby also undertakes to deposit the collected tax amount in relation to
Travel Products mentioned in (i) above with the government within prescribed timelines.

(iv) That since tax has been collected from the End Customers under section 206C(1G)(b) of the Income-tax Act,
1961 the Authorised Dealer need not collect tax under section 206C(1G)(a) of the Income-tax Act, 1961 in
relation to remittance for these Travel Products.

That TBO shall provide the above options during the online/offline booking process to the Travel Service
Provider. Basis the options selected by the Travel service provider, a digital declaration containing all details
furnished by the Travel Service Provider along with the booking information and Date/time of the declaration in
the form of a PDF Document shall be sent to the registered email ID of the Travel Service Provider for records
for all online bookings. Such digital declarations shall be equally binding on the Travel Service Provider

For, [enter the name of the Travel Service Provider Name]

___________________
[enter the name of the Authorised Signatory] Date: [enter the date]
[enter the designation] Place: [enter]