Wednesday, February 02, 2011

APAO wants govt to bring aviation turbine fuel under GST Act

New Delhi: Private airport operators in the country today said the government should bring aviation turbine fuel under the Goods and Service Tax (GST) Act and increase the duty-free allowances for incoming international passengers in this budget.
The Association of Private Airport Operators (APAO) -- comprising the airport operators of Delhi, Mumbai, Bangalore, Hyderabad and Kochi -- put forth their list of suggestions to the Finance Ministry for the Union Budget.
APAO wants aviation fuel to be brought under the GST, which is intended to bring taxation of goods and services across various states under a unified tax structure.
"Currently, the difference in tax structure and especially the tax rates, results in heavy cost for the tax payers. In case of ATF, the tax rates substantially vary from state to state and Indian aviation industry, being very price- sensitive, is adversely affected due to vast difference in ATF taxation," the APAO members said in their proposal.
Bringing it under GST Act would ensure that taxation on ATF across the nation would be uniform, they said.
Also, they want ATF to be classified as ''declared goods'' under the Central Sales Tax Act, which they say would help emergence of Indian airports as hubs and stabilise ATF prices across the country.
02/02/11 PTI/msn.com
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