Relief to Jet Airways & Spice Jet: Exemption available on payment of IGST on re-import of repaired parts/aircrafts into India, rules CESTAT

The  Customs, Excise, and Service Taxes Appellate Tribunal  (CESTAT), New Delhi Bench held that Jet Airways and Spice Jet are entitled to exemption from payment of  Integrated Goods and Service Tax  (IGST) on re-import of repaired parts or aircraft into India. The Appellant, Jet Airways (India) Ltd. and Spice Jet Limited are a scheduled airline operator, engaged in the business…