As aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...

Shares of aviation companies such as InterGlobe Aviation (IndiGo) and SpiceJet are expected to remain in focus today, as the government may...

ATF makes up for about 40 per cent of the operating cost of an airline. Jet fuel prices are at a record high in line with the global surge ...

Over the past few weeks, crude oil prices have soared to a seven-year high, nearing USD 140 per barrel, due to the ongoing conflict in Euro...

When the GST was introduced on July 1, 2017, amalgamating over a dozen central and state levies, five commodities - crude oil, natural gas,...

Addressing a virtual event on global aviation and air cargo sector, civil aviation secretary Pradeep Singh Kharola also said the ministry h...

Concessional rate of 2 per cent is applicable for ATF sold under Regional Connectivity Scheme. Ad valorem rate means that the impact of an ...

When the Goods and Services Tax (GST) was introduced on July 1, 2017 amalgamating 17 central and state levies, five commodities namely crud...

Including ATF and natural gas will not just help companies set off tax that they paid on input but will also bring about uniformity in taxa...

"We will work on it that aviation fuel should also be brought under GST for predictability and for ensuring level playing field," the minis...

The Centre and the industry favour inclusion of petroleum products in the Goods and Services Tax (GST) but the GST Council will take a fina...

When GST was introduced on July 1 last year, five commodities -- crude oil, natural gas, petrol, diesel, and aviation turbine fuel -- were ...

While prevailing tax rate is way beyond the 28% peak tax rate under GST, tax incidence on natural gas and ATF is low enough to get fitted i...

These assessments were given to the ministry of civil aviation last week in a presentation by top executives at Indian carriers. The meetin...

A proposal to bring ATF under the GST regime that will allow airlines to claim input tax credit from the government is among the issues lik...

The rates committee on GST under the finance ministry is currently considering the proposal sent by the Aviation Ministry.

ASSOCHAM has recommended in its pre-budget memorandum that that Aviation Turbine Fuel should be brought under the ambit of Goods and Servic...