Mumbai: Tony Tyler, CEO of the International Air Transport Association (IATA), has a remedy for India’s high fuel taxes. The CEO has said that India can remove excise and customs duty, and apply a standard State tax.
Stating that the high cost of jet fuel has been hijacking the competitiveness of the Indian air transport industry for over a decade, Tyler called for the removal of certain taxes.
“While there have been reductions by some State governments, more can be done. This includes removing the excise tax and customs duties, and applying a standard 4 per cent State tax,” he said, in an email interview with Business Line.
During the Singapore Airshow Aviation Leadership Summit on February 10, Tyler was asked to comment on India’s high jet fuel taxes.
14/02/14 Amrita Nair-Ghaswalla/Business Line
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Stating that the high cost of jet fuel has been hijacking the competitiveness of the Indian air transport industry for over a decade, Tyler called for the removal of certain taxes.
“While there have been reductions by some State governments, more can be done. This includes removing the excise tax and customs duties, and applying a standard 4 per cent State tax,” he said, in an email interview with Business Line.
During the Singapore Airshow Aviation Leadership Summit on February 10, Tyler was asked to comment on India’s high jet fuel taxes.
14/02/14 Amrita Nair-Ghaswalla/Business Line
