Showing posts with label Service tax. Show all posts
Showing posts with label Service tax. Show all posts

Thursday, June 7, 2012

Ajit Singh asks FM to revert to earlier service tax rates


Concerned over high service tax substantially raising air ticket prices, Civil Aviation Minister Ajit Singh has urged Finance Minister Pranab Mukherjee to revert to the earlier rates which were capped at Rs 100 and Rs 500 per domestic and international ticket.
 
 
Noting that jet fuel prices in India were significantly higher than in most parts of the world due to high tax rates, he