Airline chiefs take ATF, tax issues to Chidambaram

Mumbai: Airline chiefs from the aviation lobby group the Federation of Indian Airlines (FIA) met finance minister P Chidambaram on Monday with a list of fiscal complaints. The CEOs conveyed details about the state of their industry and asked for a relief from taxes that they claim are among the highest in the world.
The prominent among the demands was for aviation turbine fuel (ATF) to be notified as declared goods so that it attracts a uniform 4% duty all over the country.
ATF is currently taxed at an average of 27% by states. The low-cost airlines say their fares can come down substantially if tax rates are rationalised.
28/11/06 Cuickoo Paul/Economic Times

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