I would like to substantiate my KTEL traveling costs. Which asset should I recognize as an “expense” in my business accounts?
What happens if I need to cancel a trip? recognize as an “expense” in my business accounts?
Transport carrier’s obligations/ Common carriers obligations
1. Transport/common carriers and their institutions, shall:
Return 70% of a passenger’s ticket fare in the case he/she cancels his/her seat reservation on a long-distance route, 8 hours minimum before departure or 50% in the case of cancelation within 8 hours prior to departure.
Amend tickets (instead of a previously mentioned possible cancelation) on travel dates or transfer them (tickets transferable free of charge) to persons entitled of a reduced price or free transportation on return routes (price difference is rewarded to the initial ticket holder). Valid only in cases of: cancelation or destination/itinerary change or passenger name change or date change and after a relative validation by a KTEL officer.
Ticket refund policy:
- In the event of a passenger not canceling his reservation prior to his/her departure, tickets are non-refundable.
- In the event of a ticket cancelation within the last 8 hours before departure, 50% of a ticket fare is returned. This is calculated by 39X50% =- 19,5 for a single ticket and 59-39=20X50%=10,00, for a return ticket fare given that the single transition was used and since a relative canceled course costs 59-39=20 euros.
- In the event of a ticket cancelation 8 hours minimum before departure (e.g. previous day), 70% of a ticket fare is returned. This is calculated by 39X70%= 27,30 for a single ticket and 59-39=20X70%= 14,00, for a return fare, given that the single transition was used and since a relative canceled course costs 59-39=20 euros.