Airlines face GST scrutiny over unpaid tax on cancelled tickets; Govt tightens norms
At present, passengers are charged a 5% GST on economy class tickets and 12% on business class tickets. Businesses can also claim an input tax credit (ITC) on airline tickets purchased for business purposes.
At present, passengers are charged a 5% GST on economy class tickets and 12% on business class tickets. Businesses can also claim an input tax credit (ITC) on airline tickets purchased for business purposes.
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The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
