Customs dept slaps fine on IndiGo; airline to take appropriate legal measure
IndiGo announced that the customs department has imposed a fine of over Rs 25 lakh for additional duty on remnant Aviation Turbine Fuel (ATF). The airline's parent, InterGlobe Aviation, stated it would challenge the fine legally and confirmed ther...
In a regulatory filing, InterGlobe Aviation, the parent of IndiGo, said there was "demand for additional duty of customs on remnant Aviation Turbine Fuel (ATF)".
The company will take appropriate legal measures against it, the filing said and added that there is no material impact on financials, operations or other activities.
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