Blocked input tax credit for resort construction remains unavailable; interest follows actual utilisation, while delayed payment attracts statutory pe...
Duplicate PAN allocation requires record verification and deactivation reasons before assessment-related transactions can be attributed to an assessee...
Faceless assessment safeguards require requested personal hearings and adequate final show-cause response time, failing which reassessment is required...
CESTAT New Delhi held that an aircraft used for transporting persons for remuneration falls under public transport, not private use. Referring to M/s.V.R.L. Logistics, it determined the aircraft's usage as non-scheduled (Passenger) service, complying with Condition No.104 of Notification No.21/2002-Cus. The Tribunal upheld the decision, dismissing appeals as no violation occurred, resolving issues of confiscation, interest, and penalty. The definition of 'Air Transport Service' and 'Scheduled Air Transport Service' from Aircraft Rules guided the classification, emphasizing the distinction between private and public transport aircraft.
CESTAT New Delhi held that an aircraft used for transporting persons for remuneration falls under public transport, not private use. Referring to M/s.V.R.L. Logistics, it determined the aircraft's usage as non-scheduled (Passenger) service, complying with Condition No.104 of Notification No.21/2002-Cus. The Tribunal upheld the decision, dismissing appeals as no violation occurred, resolving issues of confiscation, interest, and penalty. The definition of 'Air Transport Service' and 'Scheduled Air Transport Service' from Aircraft Rules guided the classification, emphasizing the distinction between private and public transport aircraft.
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