Tuesday, January 29, 2013

Akhilesh agrees to consider VAT cut on fuel for Agra flights


Agra: Uttar Pradesh Chief Minister Akhilesh Yadav on Monday agreed in principle to reduce VAT on aviation fuel for planes landing at the Taj city's airport.
This is seen as a concrete initiative to promote air traffic by making it attractive for airlines to connect Agra. "The reduction from 21 percent to 4 percent will make a substantial gain for the airlines," said the Agra Tourist Welfare Chamber president Prahalad Agarwal.
A delegation of the local tourist industry presented the chief minister, who is here for the CII Partnership Summit, with a memorandum, reiterating the long-standing request for the reduction of VAT on aviation turbine fuel (ATF) for commercial flights from 21 percent to 4 percent.
29/01/13 Jagran Post
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