Wednesday, February 27, 2013

Slash sales tax on ATF, rationalise tax and duty structure, say aviation and travel representatives


New Delhi: Expressing concern over high costs afflicting the aviation and tourism sectors, travel trade and industry representatives today asked the government to slash sales tax on jet fuel and rationalise the overall tax and duty structure.
The representatives sought other measures to encourage regional connectivity and engineering activities.
The Indian aviation industry has felt the brunt of aggressive price cuts, rising costs, increasing price of jet fuel, depreciating value of rupee and high interest payment, Ankur Bhatia of the CII National Committee on Civil Aviation and Executive Director of the Bird Group, said.
26/02/13 PTI/Economic Times
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