High taxes, price bands bad ideas for aviation industry: IATA APAC VP
India’s high taxation structure on fuel and continued imposition of price bands are “bad ideas” that “retard” the recovery and growth of the aviation industry, said a senior executive at the International Air Transport Association (IATA).
Aviation fuel in India attracts the highest levels of taxes in the world. Airlines have been requesting the government to bring the fuel under the new tax regime of GST. The government hasn’t done that yet. It has also imposed upper and lower bands on air fares levied by carriers.
