Service tax on air transport

VEDANTA DESHIKA (Practice) (317 Points)

23 July 2011  

Can anyone clarify the Service tax levy on international air transport of passengers in  business/first class ???are there any exemptions? what is the effective rate?? What is that YQ and YR charges. What is the treatment of those charges?

Eg: M/s ABC Airlines carried 1000 passangers embarking from Delhi to USA in Business Class. Gross Value per ticket Rs 4950. YQ & YR Charges Rs 2000 incl in the Gross value.? What is the Amt of ST??
 thnx in advance..