Leasing of Aircraft 9966 GST (18%), but company paid 5% under SAC 9973.

Leasing of Aircraft 9966 GST (18%), but company paid 5% under SAC 9973. https://www.taxtmi.com/forum/issue?id=120773 Determination of GST classification depends on whether aircraft supply is packaged with crew; the department reclassified services from SAC 9973 to SAC 9966 where operator-included rentals are treated at the higher tax rate. CBIC guidance differentiates seat-share helicopter passenger transport (lower rate regularised) from charter and other non-seat-share operations (higher rate). Accurate contractual and operational analysis is essential to establish the applicable SAC and tax exposure. en-us Wed, 25 Feb 2026 09:50:26 +0530 Mon, 02 Mar 2026 05:02:44 +0530 TaxTMI RSS Generator Leasing of Aircraft 9966 GST (18%), but company paid 5% under SAC 9973. https://www.taxtmi.com/forum/issue?id=120773 Determination of GST classification depends on whether aircraft supply is packaged with crew; the department reclassified services from SAC 9973 to SAC 9966 where operator-included rentals are treated at the higher tax rate. CBIC guidance differentiates seat-share helicopter passenger transport (lower rate regularised) from charter and other non-seat-share operations (higher rate). Accurate contractual and operational analysis is essential to establish the applicable SAC and tax exposure. Discussion-Forum GST Wed, 25 Feb 2026 09:50:26 +0530 https://www.taxtmi.com/forum/issue?id=120773