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GSTAT allows GST refund on cancelled air tickets if fare, taxes returned to passengers
🇮🇳 India · Economy · 1 d ago
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25.10 09:51 UTC
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GST Refund On Cancelled Air Tickets Gets GSTAT Nod, Airlines Can Claim Tax Back If Passengers Receive Full Refund
The ruling provides relief to airlines facing difficulties in recovering GST on cancelled bookings, particularly during the COVID-19 pandemic.
Singapore Airlines Wins Refund Case The Ernakulam bench of GSTAT delivered the ruling in the case of Singapore Airlines Ltd versus the Kochi Commissioner of CGST and Central Excise.
The dispute involved eight GST refund claims totalling Rs 45.92 lakh for the period between October 2019 and March 2021.
Tribunal Orders Refund Within Two Weeks The GST Joint Commissioner had earlier rejected the airline's refund claims, prompting the company to approach the appellate tribunal.
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