Promotion of real estate venture by Airlines in air is taxable as Business Auxiliary Service

ORDER

Per: D N Panda:

The appellant came up in appeal against Order-in-Original dated 27.7.2009 passed by learned Commissioner relating to the period July 2003 to January 2007, giving rise to following consequences:

(a) Service tax amounting to Rs. 128,92,43,724/- (Rupees one hundred twenty eight crore ninety two lacs forty three thousands and seven hundred twenty four) was demanded from M/s. Jetlite (India) Limited (formerly Sahara Airlines Limited) under Section 73 (1) of Finance Act, 1994.

(b) Interest under the provision of Section 75 of Finance Act, 1994 from M/s. Jetlite (India) on demand was ordered for recovery.

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