Airlines seek clarity on export tax on petroleum products

India’s airlines have sought a clarification from the government on the recent addition of export taxes on petroleum products, which has considerably increased the prices of jet fuel purchased for international flights.

The higher levy aggravates cost pressures on airlines already reeling under soaring prices of aviation turbine fuel (ATF) that have set record highs several times this year. The charge also adds to what were already the highest levels of ATF taxes anywhere in the world.

Read more

You may also like

Comments are closed.