The Gujarat Authority of Advance Ruling (AAR) while rejecting the ‘pure agency plea’ ruled that ‘fuel reimbursement’ received by Aircraft Rental service-providers forms part of ‘value’. The applicant M/s. Global Vectra Helicorp ltd. hold a Non-scheduled Operator’s Permit (NSOP) issued by the Directorate General of Civil Aviation (DGCA). It employs a fleet of around 30 […]
from Taxscan | Simplifying Tax Laws https://ift.tt/3mdcS5b
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