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GST ON FOREIGN AIRLINES
Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...- The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
- IndiGo receives Rs 458 cr GST penalty order, airline calls it 'erroneous'IndiGo's parent company, InterGlobe Aviation, has received a Goods and Service Tax demand notice. The notice includes a penalty of Rs 458.2...
- GST relief for foreign airlines, academic institutionsForeign airlines in India gain GST exemption for head office services to branch offices per a government notification. Academic institution...
- GST relief to foreign airlines on import of services a positive move: IATA Director GenIndia's decision to exempt foreign airlines from import service taxes is a significant boost for the aviation sector. The GST council's mov...
- GST exemption to foreign airlines will burnish India’s image: IATA director generalIndia's decision to exempt the import of services by foreign airlines is expected to boost confidence in the aviation sector, Willie Walsh ...
- GST Council Meeting Key Takeaways: From medical insurance premium to rate rationalisation, here's what Sitharaman & Co decided54th Gst Council Meeting Key Takeaways: The 54th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, is taking place in Ne...
- Relief for foreign airlines as Sitharaman-led panel exempts them from GST after DGGI issued demand notices worth Rs 10K crGST Foreign Airlines Tax Rates: The GST Council's 54th meeting in New Delhi decided to exempt foreign airline companies from GST on importe...
- Industry leaders welcome GST Council's decision on rate cutsThe GST Council's 54th meeting announced significant rate cuts and policy adjustments, including GST exemptions for foreign airlines' impor...
- GST notice to airlines flawed: Lobby groupIATA opposed India's GST on foreign airlines' branch offices, stating it conflicts with global norms and could harm India’s aviation potent...
- Ten foreign airlines get GST demands worth Rs 10k cr; IATA says matter risks India's aviation potentialUrging the government to resolve the matter, the International Air Transport Association (IATA) said it is disappointed that the Directorat...
- Emirates, Lufthansa, and other foreign airlines fly into trouble with Rs 10k cr GST shockThe Directorate General of Goods and Services Tax Intelligence sent notices to 10 foreign airlines over alleged ₹10,000 crore unpaid taxes....
- GST relief for foreign airlines in the offingIndia may exempt GST on services between foreign airline operators' head offices and local entities. The fitment committee is reviewing for...
- In a first, over 10 foreign airlines questioned by DGGI over alleged tax evasion chargesThe DGGI has questioned executives of at least ten prominent foreign airlines, including British Airways, Etihad, Thai Airways, and Qatar A...
- Pandemic-hit airline industry wants suspension of MAT, reduction in tax for sector in Budget 2022The government had decided to allow regular international flights to and from India starting December, but the order was rescinded due to t...
- GST trouble for aviation, hospitality and travel companiesAs per the GST framework, the burden of tax payments on certain services and raw materials used in the input or making of the product is on...
- Domestic air fares may rise as airlines claim GST raised cost of operationsThe new levies can wipe off the profits earned by airlines. IndiGo, Jet Airways, SpiceJet — made a profit of Rs 2,479 crore in the year end...
- GST: Airlines want better deal for economy classFor an airline 'input' means goods (aircraft, spares) and services (catering, ground handling, aircraft leasing) that it buys to provide an...
- No-fly norms will ensure balance among stakeholder interests: Jayant SinhaThe ministry has already come out with draft rules for a 'national no-fly list' of unruly passengers for all domestic carriers, under which...
- Bad news for flyers: Airlines may soon push up fares to lighten GST loadCarriers are concerned that increase in tax and likely reductions in input tax credits on economy class revenues could reduce operating fle...
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