Foreign Travel Tax increase implemented, requiring airlines to collect enhanced travel tax effective from the appointed September commencement. Foreign Travel Tax is increased by the Finance Acts (Amendment) Ordinance, 1997, substituting a higher rate in section 35 of the Finance Act, 1979 for passengers embarking to places other than neighboring countries; a notification appoints the date the change takes effect and directs publicity and immediate collection by international airlines, while the rate for neighboring-country travel remains unchanged. The Ordinance also raises the special duty rate in the Finance (No. 2) Act, 1996 with a proviso maintaining a lower rate for specified tariff headings.
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Foreign Travel Tax increase implemented, requiring airlines to collect enhanced travel tax effective from the appointed September commencement.
Foreign Travel Tax is increased by the Finance Acts (Amendment) Ordinance, 1997, substituting a higher rate in section 35 of the Finance Act, 1979 for passengers embarking to places other than neighboring countries; a notification appoints the date the change takes effect and directs publicity and immediate collection by international airlines, while the rate for neighboring-country travel remains unchanged. The Ordinance also raises the special duty rate in the Finance (No. 2) Act, 1996 with a proviso maintaining a lower rate for specified tariff headings.
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