Coimbatore: The Tamil Nadu government has implemented its promise to offer a concession on VAT levied on aviation fuel for flights based in tier II cities.
The state government on Tuesday night issued an order stating that flights which land after 11pm and depart before 7am and park for at least three hours at the airport will have to pay VAT of only 1% on their aviation fuel prices, instead of the usual 29%. This concession is available only at airports which saw a traffic of less than 50 lakh passengers last year.
In May, chief minister Edappadi K Palaniswami announced the government’s plan to implement a concession on VAT for flights halting at night in tier II airports to promote more base flights in smaller airports in the state. However, with the order not yet on paper and the announcement not being implemented, more airlines were yet to opt for base flights in airports in the state.
15/08/18 Times of India
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The state government on Tuesday night issued an order stating that flights which land after 11pm and depart before 7am and park for at least three hours at the airport will have to pay VAT of only 1% on their aviation fuel prices, instead of the usual 29%. This concession is available only at airports which saw a traffic of less than 50 lakh passengers last year.
In May, chief minister Edappadi K Palaniswami announced the government’s plan to implement a concession on VAT for flights halting at night in tier II airports to promote more base flights in smaller airports in the state. However, with the order not yet on paper and the announcement not being implemented, more airlines were yet to opt for base flights in airports in the state.
15/08/18 Times of India
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