Composite Rate of Tax allows air travel agents to elect composite fare-based taxation or tax on commission received. Composite tax treatment for air travel agents allows an elective choice: a composite rate of tax applied to the 'basic fare' of tickets booked, with distinct composite percentages for domestic and international travel, or taxation under the general charging provision on the actual commission received from airlines; 'basic fare' means the portion of the air fare on which commission is normally paid to the agent.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Composite Rate of Tax allows air travel agents to elect composite fare-based taxation or tax on commission received.
Composite tax treatment for air travel agents allows an elective choice: a composite rate of tax applied to the "basic fare" of tickets booked, with distinct composite percentages for domestic and international travel, or taxation under the general charging provision on the actual commission received from airlines; "basic fare" means the portion of the air fare on which commission is normally paid to the agent.
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