Tuesday, October 23, 2012

Govt to review rules on private jet import

New Delhi: The civil aviation ministry is mulling a change in the guidelines for non-scheduled operators (NSOPs), to ensure individuals or companies buying aircraft for private purposes cannot do so under the NSOP category at lower import duty and then divert it for personal use.
Minister Ajit Singh said, “We are looking at route dispersal guidelines to encourage connectivity and we will be going with a code-share arrangement between non-scheduled operators and commercial airlines for connectivity to tier-III and tier-IV cities (a code share is where two or more airlines share a flight). We are also looking to see if we can put guidelines for NSOPs, so that people can’t import jets at lower tax and then use it as private ones.”
Singh said the ministry was looking into duties, too. “We want some adjustments, so that there isn’t a wide variance in the duties (on imported jets).
23/10/12 Disha Kanwar/Business Standard
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