Service Tax : Section 65(zzzo) of the Finance Act, 1994 – Transport of passengers by air – Exemption from Service Tax to passengers travelling in economy class within India and to passengers embarking in India for an international journey in economy class – Amendment in Notification No. 26/2010-ST, dated 22-6-2010
NOTIFICATION NO. 4/2011 – SERVICE TAX, DATED 1-3-2011
In exercise of the powers conferred by clause (aa) of sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 26/2010-Service Tax, dated the 22nd June, 2010, published in the Gazette of India, Extraordinary, vide number G.S.R. 532(E), dated the 22nd June, 2010, namely :—
In the said Notification,
(i) in clause (a), for the words “rupees one hundred” and “in any class”, the words “rupees one hundred fifty” and “economy class” shall respectively be substituted;
(ii) in clause (b), for the words “rupees five hundred”, the words “rupees seven hundred fifty” shall be substituted.
2. This notification shall come into force on the 1st day of April, 2011.