Civil aviation min working on demand to bring jet fuel under GST: Kharola
The civil aviation ministry is working on the airline industry’s demand to bring Aviation Turbine Fuel (ATF) under the ambit of GST and has taken up the matter with the finance ministry, a senior official said on Friday.
Addressing a virtual event on global aviation and air cargo sector, civil aviation secretary Pradeep Singh Kharola also said the ministry has taken specific steps for optimum utilisation of the country’s vast airspace which would help international airlines overflying India as well as domestic carriers in saving costs.
ATF or jet fuel cost, which account for for 45-55 per cent of an airline’s operating expenses, in India is among the highest in the world and the industry has long been demanding that it should be brought under the Goods and Services Tax (GST) regime.
