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GST Council increases levy on non-economy air travel to 18% - TravelBiz Monitor: India travel news, travel trends, tourism
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GST Council increases levy on non-economy air travel to 18% - TravelBiz Monitor: India travel news, travel trends, tourism
The Goods and Services Tax (GST) Council has increased the levy on non-economy air travel from 12% to 18%, a move expected to make premium economy, business, and first-class fares more expensive. While economy class fares remain unchanged to ensure affordability, the higher tax burden on upper classes has sparked concern among airlines and online travel agents. Industry insiders revealed that ahead of the announcement, two major airlines had req…
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