Ailing airlines may not get budget aid

Like the past, the Union Budget next week is unlikely to bring smiles for India’s aviation czars, whose account books are currently painted in deep red.
The industry’s wishlist is long. In repeating an old demand, it wants aviation turbine fuel (ATF) in the “declared goods” category that would entail some benefits that inputs used by infrastructure industries do, but then, the Finance Ministry may be unimpressed because is considered elitist, say industry experts.
A “declared goods” status would mean that airlines will pay a uniform 4 per cent sales tax on purchases of ATF instead of the 28 to 34 per cent currently levied by different states.
18/02/10 Lalatendu Mishra/Hindustan Times

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Categories: Indian Aviation- In General Feb 2010