The Mizoram government has reduced the Value Added Tax (VAT) on jet fuel from 10 to 1 per cent, an official release said.
As per the notification shared by Civil Aviation Minister Jyotiraditya Scindia, Mizoram Value Added Tax Act, 2005 has been amended to bring the prices of Aviation Turbine Fuel (ATF) down.
“In a scenario of rising fuel prices, Mizoram doubles down on our shared efforts to ramp up air connectivity by reducing VAT on Air Turbine Fuel to 1%. I thank CM Sh @ZoramthangaCM Ji for taking the progressive step!,” Scindia has tweeted.
