Andhra Pradesh reduces sales tax to 4% on jet fuel

New Delhi: The civil aviation ministry’s requests to state governments to reduce sales tax on jet fuel has borne fruit with Andhra Pradesh deciding to slash it from 33% to 4%.
The ministry had recently convened the first-ever aviation conference with state government representatives here in which it had appealed for reduction of sales tax on aviation turbine fuel (ATF).
ATF cost amounts to an average of 35% of total operational cost of an Indian carrier.
Civil aviation minister Praful Patel briefed the Parliamentary Consultative Committee on Wednesday of the Andhra Pradesh government’s decision to slash the sales tax rates.
13/02/08 PTI/Financial Express

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Categories: Indian Aviation- In General Feb 2008, New Feb 2008