Exempts transportation of goods by air service to the extent air freight is included in the customs value of goods - 09/2011 – Service Tax - Service Tax

Exemption for air freight: service tax on air transportation of goods relieved to the extent air freight is included in customs value.

Exempts service tax on air transportation of goods insofar as the value attributable to air freight is included in the customs value determined under the Customs Act; the exemption limits relief to an amount equal to the air freight so included and is enacted under the Finance Act's enabling provision.