AAR: ‘Fuel Reimbursement’ received by Aircraft Rental service-provider forms part of ‘value’, rejects ‘pure-agency’ plea

Gujarat AAR holds that amount recovered as reimbursement by applicant M/s. Global Vectra Helicorp Ltd. from the customer, for fuel procured on behalf of the Customer under a Charter Hire arrangement, is required to be included in the value of services provided; Notes that Applicant is involved in provision of services “Rental services of aircraft including passenger aircrafts, freight aircrafts and the like with or without operator” classifiable under Heading 9966 of Noti...