Impact of GST on Airfares

Last updated: 02 August 2017

Under the GST regime the applicable tax rate on passenger tickets for economy class has been reduced from 6% to 5% (non-creditable for goods). The tax rate for business and first class has been increased from 9% to 12% (with input tax creditable for both goods and services procured by airlines). Wit

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Category GST   Report

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