People from India travelling are paying more on their international flight tickets, blame GST. On Tuesday, International Air Transport Association (IATA) chief Alexandre de Juniac said that the government's policies are imposing "excessive costs" on airlines in India and infrastructure constraints are limiting growth. News agency PTI reported the IATA chief as saying in New Delhi that the country's aviation sector to register 500 million passengers by 2037. However, he flagged various concerns about the Indian aviation sector.
de Juniac said that levying the Goods and Services Tax (GST) on international air tickets violates ICAO principles. IATA is a grouping of over 280 airlines. Air India, Jet Airways and Vistara are also IATA members. He further said that the steep rise in fuel prices and fall in the rupee value are putting "acute pressure on profits" of airlines.
"If we can comprehensively fix jet fuel and infrastructure issues, India will be primed to take a giant step forward in the world of aviation," PTI quoted him as saying at a conference in Delhi.
05/09/18 ZeeBiz
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de Juniac said that levying the Goods and Services Tax (GST) on international air tickets violates ICAO principles. IATA is a grouping of over 280 airlines. Air India, Jet Airways and Vistara are also IATA members. He further said that the steep rise in fuel prices and fall in the rupee value are putting "acute pressure on profits" of airlines.
"If we can comprehensively fix jet fuel and infrastructure issues, India will be primed to take a giant step forward in the world of aviation," PTI quoted him as saying at a conference in Delhi.
05/09/18 ZeeBiz
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