Maximum service tax shall be Rs. 100 in case of domestic air journey (all class) and Rs. 500 in case of international air journey (economy class) (With a cap of 10% of Gross Value of Tickets)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lause (zzzo) of sub-section (105) of section 65 of Finance Act, 1994 - Maximum service tax shall be Rs. 100 in case of domestic air journey (all class) and Rs. 500 in case of international air journey (economy class) (With a cap of 10% of Gross Value of Tickets) [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e ticket or 4[rupees seven hundred fifty] per journey, whichever is less, for passengers embarking in India for an international journey in economy class: Provided that this exemption shall not apply in cases where the credit of duty paid on inputs used for providing such taxable service has been taken under the provisions of the CENVAT Credit Rules, 2004 ; Explanation,- For the purposes of th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X