The CESTAT has held that the cost of freight insurance is not included for calculating the duty of ATF consumed in the fuel tank of aircraft
In a ruling in favour of Indian Airlines Ltd, the New Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has held that the cost of freight insurance is not included for calculating the duty of ATF consumed in the fuel tank of aircraft. The Directorate of Revenue Intelligence received…
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