https://www.taxtmi.com/acts?id=48317 Amendments impose interest on delayed inland air travel tax and obligate carriers with pre-existing unpaid tax to pay within thirty days or incur interest. The substituted penalty scheme exposes defaulters to penalties from one-fifth up to three times the unpaid tax, with rule-authorised fixed and continuing penalties and adjudication subject to a hearing. A new recovery provision authorises deduction from amounts due to the carrier, issuance of a certificate to the Collector to recover as land revenue, and distraint, arrest and sale of aircraft or other property to satisfy tax, interest, penalty and costs, with any surplus returned to the carrier. en-us Thu, 30 Jan 2025 15:49:37 +0530 Thu, 30 Jan 2025 15:49:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48317 Amendments impose interest on delayed inland air travel tax and obligate carriers with pre-existing unpaid tax to pay within thirty days or incur interest. The substituted penalty scheme exposes defaulters to penalties from one-fifth up to three times the unpaid tax, with rule-authorised fixed and continuing penalties and adjudication subject to a hearing. A new recovery provision authorises deduction from amounts due to the carrier, issuance of a certificate to the Collector to recover as land revenue, and distraint, arrest and sale of aircraft or other property to satisfy tax, interest, penalty and costs, with any surplus returned to the carrier. Act-Rules F. Acts / Amendment Acts Thu, 30 Jan 2025 15:49:37 +0530 https://www.taxtmi.com/acts?id=48317