Case Law Details
Nitco World Travels Vs Commissioner of Service Tax (CESTAT Kolkata)
Legal interpretations in the financial world can significantly impact the way businesses are conducted. One such crucial case is the matter of Nitco World Travels vs Commissioner of Service Tax, adjudicated by the CESTAT Kolkata. This case has pivotal implications for the service tax on commission and incentives in the travel industry. It particularly concerns commissions received by travel agencies from CRS (Computerized Reservation System) developers.
The Background
Nitco World Travels entered into an agreement with Amadeus India Pvt. Ltd. for using their advanced CRS. The CRS acts as an interface, providing information about different travel-related services like air transport, hotels, etc., thereby facilitating reservations.
The Issue
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