Supreme Court Rules on "Contract Carriage" vs. "Tourist Vehicle" in Tax Case

The Supreme Court allowed the civil appeal, finding the issue of whether "contract carriage" constitutes a "tourist vehicle" and the provider being a "tour operator" under Section 65(115) of the Finance Act, 1994 significant with substantial revenue implications. The case was remitted to the High Court for reconsideration.

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The Supreme Court granted leave in a case regarding whether "contract carriage" qualifies as a "tourist vehicle" and if the service provided under it makes the assessee a "tour operator" under Section 65(115) of the Finance Act, 1994. The court found the issue important with wide revenue implications and remitted the matter back to the High Court for fresh consideration. Civil appeal was allowed.

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