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...
10 Oct, 2024, 01.40 AM IST
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...
12 Sep, 2024, 12.13 AM IST
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 ...
11 Sep, 2024, 07.31 PM IST
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...
10 Sep, 2024, 12.54 PM IST
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...
10 Sep, 2024, 12.53 PM IST
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...
10 Sep, 2024, 09.53 AM IST
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...
07 Aug, 2024, 01.24 AM IST
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...
06 Aug, 2024, 11.03 PM IST
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....
06 Aug, 2024, 02.19 PM IST
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...
24 May, 2024, 12.09 AM IST
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...
31 Dec, 2023, 10.10 AM IST
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...
17 Jan, 2022, 01.32 PM IST
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...
18 Jun, 2020, 10.19 AM IST
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...
25 Sep, 2017, 03.24 PM IST
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...
01 Jul, 2017, 01.00 AM IST
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...
20 Jun, 2017, 03.13 PM IST
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...
13 Jun, 2017, 06.39 AM IST