Bhubaneswar: The Odisha government today announced that it will exempt from VAT aviation turbine fuel for international flights, in a bid to attract foreign airlines to begin commercial operations in the state.
A proposal to this effect was approved at a Cabinet meet chaired by Chief Minister Naveen Patnaik. "The Cabinet decided to exempt VAT on ATF for international flights under the provision of Section 17 A of the Odisha Value Added Tax Act, 2004," Chief Secretary G C Pati told reporters after the meeting.
Stating that the General Administration Department has drawn up a prospective civil aviation policy, Pati said some incentives have already been announced by the state government. "To attract international airlines to Odisha, the Cabinet felt it necessary to offer them tax incentives to start operations from the Biju Patnaik International Airport, Bhubaneswar," he said.
11/06/15 PTI/New Indian Express
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A proposal to this effect was approved at a Cabinet meet chaired by Chief Minister Naveen Patnaik. "The Cabinet decided to exempt VAT on ATF for international flights under the provision of Section 17 A of the Odisha Value Added Tax Act, 2004," Chief Secretary G C Pati told reporters after the meeting.
Stating that the General Administration Department has drawn up a prospective civil aviation policy, Pati said some incentives have already been announced by the state government. "To attract international airlines to Odisha, the Cabinet felt it necessary to offer them tax incentives to start operations from the Biju Patnaik International Airport, Bhubaneswar," he said.
11/06/15 PTI/New Indian Express
