Wednesday, July 11, 2018

Aviation Secretary meets his Revenue counterpart to bring aviation turbine fuel under GST

New Delhi: In a bid to bring aviation turbine fuel (ATF) within the purview of goods and services tax (GST), the aviation secretary met the revenue secretary on Tuesday. ATF prices have direct bearing on the air fares and the Civil Aviation ministry has voiced its concern on this.

A civil aviation ministry official said that the ministry is of the view that ATF should be brought under GST and for this the ministry has earlier also written to the ministry of finance.

Currently, diesel, petrol, crude oil, natural gas and aviation turbine fuel are outside the purview of goods and services tax, and states have the right to impose value added tax on these items. Airlines companies have also demanded to bring ATF under the GST saying that it comprises a substantial chunk of operational costs of the airlines.
10/07/18 Kumar Vikram/New Indian Express
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment