Dear Sir,
Please clarify in respect of GST Credit in case of Air Travel Tickets-Domestic/International.
As per news of Times of India, it is available in case of Business class only. No credit will be allowed in case of Economy class tickets. Please confirm about it . What is notification/circular for this rule ?
Can there be any mechanism to take GST credit in case of Air travel tickets ?
Thanks,
CA Gorav Goyal
Debate Over GST Credit Eligibility: Does It Cover Economy Class Air Travel or Only Business Class? A discussion on a forum addresses the availability of GST credit for air travel tickets, specifically whether it applies to both business and economy class. An initial query cites a news report suggesting GST credit is only available for business class tickets, prompting requests for official notification or circulars confirming this. A participant argues that GST credit should also apply to economy class, questioning the absence of any circular restricting it to business class. The discussion seeks clarity on the rules or provisions governing GST credit eligibility for different classes of air travel. (AI Summary)