08 October 2014
Service tax law has undergone paradigm shift from the selective approach to the negative list based approach of taxation of services with effect from 01.07.2012. The above service is not in the negative list hence service tax payable by the airlines.
08 October 2014
Thank you sir for reply, but sir if we are travel agents and if we are charging the seat blockage charges separately in the bill to our clients then are we liable to charge service tax on the same and we are also following composition scheme and paying service tax only on basic fare.
CAclubindia
