Monday, August 12, 2013

Bengal gives 3-yr sales tax waiver on ATF at 2 airports



The West Bengal government has decided to provide a three-year sales tax waiver on aviation turbine fuel (ATF) to airlines operating out of the coming Changi-promoted Andal airport near Durgapur, 160 km from here, and the one in Bagdogra, in Darjeeling district. With this, Bengal becomes the first state to bring down the contentious sales tax imposed on ATF to zero, something domestic airlines have been demanding for many years. Airlines say ATF fuel prices in India are 40 per cent higher than in countries such as Singapore. Jharkhand, Chhattisgarh and Maharashtra (except in Mumbai and Pune), have brought down sales tax on ATF to four per cent. West Bengal has a duty of 30 per cent on ATF.


Source : Business Standard

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Farm House Plots for Sale


11000 Sq.ft. developed / under development farm house plots for Sale at Morgaon (Supa) near Morgaon Ganesh Temple only for Rs.15 Lacs.... Contact; Atul Karnawat on 9823479955 or Saideep Bagrecha on 7757888883 / 9823979955