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ATF GST
IndiGo shares drop 5% as Motilal Oswal cuts target price on higher fuel costs, other headwindsShares of IndiGo parent InterGlobe Aviation fell nearly 5% on Friday as elevated oil prices and Middle East tensions pressured aviation sto...27 Mar, 2026, 05.06 PM IST- IndiGo, SpiceJet shares in focus as gov to consider inclusion of ATF under GST regimeShares of aviation companies such as InterGlobe Aviation (IndiGo) and SpiceJet are expected to remain in focus today, as the government may...20 Dec, 2024, 09.01 AM IST
- No decision on cut in tax on ATF: SourceATF 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 ...25 May, 2022, 08.41 PM IST
- Centre will bring ATF inclusion in GST for discussion in next Council meet: FMThe minister was responding to views expressed by SpiceJet Founder Ajay Singh where he sought the support of the Union finance minister in ...06 Feb, 2022, 07.21 PM IST
- No proposal to bring petrol, diesel, ATF, gas under GST: FM SitharamanWhen the GST was introduced on July 1, 2017, amalgamating over a dozen central and state levies, five commodities - crude oil, natural gas,...15 Mar, 2021, 04.54 PM IST
- Civil aviation ministry working on demand to bring jet fuel under GST: KharolaAddressing a virtual event on global aviation and air cargo sector, civil aviation secretary Pradeep Singh Kharola also said the ministry h...12 Mar, 2021, 02.42 PM IST
- Government considering specific excise duty on ATFConcessional rate of 2 per cent is applicable for ATF sold under Regional Connectivity Scheme. Ad valorem rate means that the impact of an ...19 Jan, 2020, 01.56 PM IST
- Dharmendra Pradhan hopes coming Budget will signal inclusion of ATF, natural gas in GSTWhen the Goods and Services Tax (GST) was introduced on July 1, 2017 amalgamating 17 central and state levies, five commodities namely crud...05 Dec, 2019, 03.35 PM IST
- Oil Minister Dharmendra Pradhan nudges FM to include ATF, natural gas in GSTIncluding 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...14 Oct, 2019, 03.38 PM IST
- Collection from excise duty on ATF in 2018-19 rose by 31%: CentreIn 2017-18, the Union government earned Rs 1,938 crore in excise duty on ATF, a jump of 27.5 per cent, from Rs 1,520 crore collected in 201...18 Jul, 2019, 05.22 PM IST
- ATF should be brought under GST to provide level playing field to airlines: Suresh Prabhu"We will work on it that aviation fuel should also be brought under GST for predictability and for ensuring level playing field," the minis...07 Apr, 2019, 11.49 AM IST
- Natural gas, ATF in GST this week?When GST was introduced on July 1 last year, five commodities -- crude oil, natural gas, petrol, diesel, and aviation turbine fuel -- were ...15 Jul, 2018, 12.30 PM IST
- Council to decide on inclusion of natural gas, ATF in GST: Hasmukh AdhiaWhile 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...26 Jun, 2018, 08.08 PM IST
- GST on jet fuel: Airlines can earn Rs 5,220 crore input tax creditThese assessments were given to the ministry of civil aviation last week in a presentation by top executives at Indian carriers. The meetin...21 May, 2018, 07.42 AM IST
- Jayant Sinha to meet airline chiefs to discuss tax issuesA 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...17 May, 2018, 11.54 AM IST
- Aviation Ministry bats for 12% GST rate on air ticketsThe rates committee on GST under the finance ministry is currently considering the proposal sent by the Aviation Ministry.03 Feb, 2017, 05.04 PM IST
- Budget 2011: ATF should be brought under the ambit of GST Act; says, ASSOCHAMASSOCHAM has recommended in its pre-budget memorandum that that Aviation Turbine Fuel should be brought under the ambit of Goods and Servic...09 Feb, 2011, 01.55 PM IST
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