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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 06.27.16

Airborne 06.28.16

Airborne 06.22.16

Airborne 06.23.16

Airborne 06.24.16

Airborne Hi-Def On YouTube

Airborne 06.27.16

Airborne 06.28.16

Airborne 06.22.16

Airborne 06.23.16

Airborne 06.24.16

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

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

Airborne 06.27.16: Blue Angels Return, LI UAV Ban, NJ Jet Fuel Tax

Also: Gone West-Thomas Wathen, Boeing 747-8, FAR 107 Course, Teamster Pilots, C Series, Yuneec Typhoon H, Embraer We are happy to announce that the U.S. Navy Blue Angels will retur>[...]

Airborne 06.24.16: ADS-B Analysis, NavWorx Price Drop, ALPA v Transport Canada

Also: Porker Of The Month, Aviation BBB?, Super Puma, AirVenture Events, FedEx 767s, Solar Impulse, Sikorsky Flight Safety Foundation has released the study "Benefits Analysis of S>[...]

Airborne 06.27.16: Blue Angels Return, LI UAV Ban, NJ Jet Fuel Tax

Also: Gone West-Thomas Wathen, Boeing 747-8, FAR 107 Course, Teamster Pilots, C Series, Yuneec Typhoon H, Embraer We are happy to announce that the U.S. Navy Blue Angels will retur>[...]

United, AFA Reach Agreement For Flight Attendants

Brings All FAs Into A Single Work Group For Collective Bargaining An agreement on terms of a joint contract that would bring the airline’s more than 25,000 flight attendants >[...]

ANN's Daily Aero-Linx (06.28.16)

FAA Online N Number Registry Renewal This site is provided to allow the renewal of a currently reserved N-number.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC