Home India Ministry of Civil Aviation Government of India, Ministry of Finance vide Notification N...
Date: 2017-11-30 Category: Extra Ordinary State: Union Government Country: India

Government of India, Ministry of Finance vide Notification No 72017 Service Tax dated

Issued by Ministry of Civil Aviation · Not Applicable

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Executive Summary & Key Takeaways

This notification, issued by the Ministry of Civil Aviation on November 30, 2017, concerns the exemption from Service Tax (GST) on the disbursement of Viability Gap Funding (VGF) to Selected Airline Operators (SAOs) under the Regional Connectivity Scheme (RCS). This exemption, initially granted by the Ministry of Finance (Notification No. 72017-Service Tax dated 02.02.2017 and Notification No. 12/2017-Central Tax Rate dated 28.06.2017), is applicable for one year from the commencement of operations at RCS airports. The notification specifies the dates of commencement of operations for various RCS airports until October 31, 2017, including Shimla, Bhatinda, Nanded, Kadapa (April 27, 2017), Gwalior (May 31, 2017), Porbandar, Kandla (July 10, 2017), Puducherry (August 16, 2017), Ludhiana (September 2, 2017), Mysore (September 20, 2017), Vijayanagar (September 21, 2017), Bikaner (September 26, 2017), and Jaisalmer (October 29, 2017). The Service Tax (GST) exemption applies to VGF disbursed to SAOs for RCS flights operated at these airports from the respective commencement dates, as per the terms of the Finance Ministry's notification. The issuing authority is the Ministry of Civil Aviation, with Usha Padhee, Joint Secretary, as the designated contact. The file number for this notification is AV13011/9/2017-DT.

Key Entities Referenced

Ministry of Civil Aviation: The Indian government ministry responsible for the formulation and administration of the rules, regulations and laws relating to civil aviation. New Delhi: The location where the notification was issued. Service Tax: A tax levied by the Government of India on service providers. GST: Goods and Services Tax, an indirect tax used in India on the supply of goods and services. Viability Gap Funding: Financial support provided to infrastructure projects that are economically justified but fall short of financial viability. Regional Connectivity Scheme: A Government of India scheme to enhance air connectivity to Tier-II and Tier-III cities. Shimla, Himachal Pradesh: An RCS Airport where the date of commencement of operation is 27th April, 2017. Ministry of Finance: A ministry in the Government of India responsible for the country's finances.
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