India Levies New Service Tax On Airline Flights | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.06.17

AMA Drone Report 12.07.17

Airborne 12.08.17

Airborne-YouTube

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.06.17

AMA Drone Report 12.07.17

Airborne 12.08.17

Mon, Jul 05, 2010

India Levies New Service Tax On Airline Flights

An Additional 10.3 Percent Will Be Tacked On To Each Ticket

A service tax of 10.3 per cent on the gross value of tickets for all classes on domestic flights and economy class on international flights will be levied on tickets sold, issued or re-issued, effective July 1, 2010, as per the directive of the Government of India, Ministry of Finance.

All domestic travellers would thus have to bear a service tax of 10.3% on the gross value of the ticket or Rs. 103 ($2.21), whichever is lower. For economy class tickets for international travel, a service tax of 10.3% on the gross value of the ticket or Rs. 515 ($5.05), whichever is less, will be levied. 
 
The service tax is only applicable on journeys originating in India. This service tax as collected will be credited to the Government of India Service Tax account. The gross value of the ticket for the calculation of the service tax will include the base price and fuel surcharge in addition to the congestion fee. Passenger service fee and airport charges (UDF/ADF) will not be covered for determining the gross value of the ticket.

The Indian international airline Jet Airways, and its all economy subsidiary JetLite, said in a news release they will collect this service tax under the tax code "JN". This is in addition to the already existing collection of service tax for international air travel for both Premiere and First Class passengers. 
 
Airline crew travelling on duty and United Nations staff are exempted from paying this service tax. This exemption will also include those embarking on a journey originating or terminating in an airport located in the states of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura and Bagdogra in West Bengal.

FMI: http://finmin.nic.in/, www.jetairways.com

Advertisement

More News

Canada Bails On Super Hornet Deal With Boeing

Will Acquire Jets From Australia Rather Than Purchase New Aircraft, Citing Trade Dispute Boeing's trade dispute with Bombardier has led the Canadian government to cancel its plans >[...]

AMA Drone Report 12.07.17: AMA Supports GoFly, ALPA v UAS, EU Drone Regs

Also: Drones Hunt Pythons, MI State Regs, Thanksgiving Drone Flying, Drone Collision Report A little outside our normal coverage responsibilities, nonetheless, we’re intrigue>[...]

Airborne-Unmanned 12.05.17: Mercedes Drone Deliveries, ALPA v UAVs, Tyndall RPAs

Also: ESA Eyes High-Altitude Aerial Platforms, Coptrz Provides UAS, Amazon Patent, UAS Integration In a global first, online orders were delivered in Zurich between September 25 an>[...]

Airborne 12.08.17: AMA Joins GoFly, Mackay Trophy Heroes, KSMO To The Rescue

Also: Orion Parachute Test, Workforce Shortage Issues, Cygnus Departs ISS, Myrtle Beach AirShow AMA has partnered with Boeing to support GoFly, an incentive competition that encour>[...]

Aero-News: Quote of the Day (12.11.17)

“What we turned in was a list of ideas that we had identified as things that might be helpful in terms of regulatory streamlining... Nobody had to twist our arms on this. We&>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC