Aviation

Tribunal asks Jet to pay Rs 147-cr service tax

MUMBAI

Jet Airways has moved the high court here against a Customs Excise and Service Tax Appellate Tribunal (CESTAT) order to deposit Rs 147 crore by May 12 towards service tax dues.

The matter pertains to the imposition of service tax for use of global distribution systems by airlines for ticket reservation. Tax demand was raised against several airlines, including Jet. The demand pertains to the period before July 2012, after which rules were modified to exempt global distribution systems.

Full report here Business Standard

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