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Composite Rate of Tax - Air Travel Agent

Service Tax - Abatement, Composite Rate of Tax, and Valuation Scheme for specified services - 101 - Composite Rate of Tax on Booking of Tickets By Air Travel Agent Rule 6(7) of Service Tax Rules, 1994 .....

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0.7% of the basic fare, in case of domestic tickets. 1.4% of the basic fare in case of international tickets. Thus, tax will be the amount as ascertained by applying above rates. OPTION B: Rate of ta .....

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