Delhi cuts VAT on aviation turbine fuel to 7% from 25%The Delhi government has significantly cut the Value Added Tax on Aviation Turbine Fuel. The tax on ATF will now be 7 percent, down from 25...
17 May, 2026, 12.40 AM IST
Maharashtra reduces VAT on jet fuel from 18% to 7%Aviation Turbine Fuel tax cut in Maharashtra offers relief to airlines. The state government reduced Value Added Tax to 7% from 18% until N...
15 May, 2026, 02.26 PM IST
The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
24 Apr, 2026, 10.41 AM IST
Relief for foreign airlines as Sitharaman-led panel exempts them from GST after DGGI issued demand notices worth Rs 10K crGST Foreign Airlines Tax Rates: The GST Council's 54th meeting in New Delhi decided to exempt foreign airline companies from GST on importe...
10 Sep, 2024, 12.53 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
Domestic air fares may rise as airlines claim GST raised cost of operationsThe new levies can wipe off the profits earned by airlines. IndiGo, Jet Airways, SpiceJet — made a profit of Rs 2,479 crore in the year end...
25 Sep, 2017, 03.24 PM IST
Travel agents can take input tax credit on ticket sales: Air IndiaWith the implementation of the Goods and Services Tax (GST), there is ambiguity on whether a travel agent can take input tax credit.
29 Aug, 2017, 08.13 PM IST
For a smooth takeoff: Corporate travellers must give employer details for tax creditGST invoices will be shared with the passengers’ companies monthly, which can then be used to claim GST benefits.
03 Jul, 2017, 01.03 AM IST
Airlines ask corporate travellers to register their companies' GST number"Earlier too the companies could claim a tax credit for their employees corporate travel," said M Shivkumar, controller at Jet Airways.
01 Jul, 2017, 06.30 PM IST
GST: Airlines want better deal for economy classFor an airline 'input' means goods (aircraft, spares) and services (catering, ground handling, aircraft leasing) that it buys to provide an...
01 Jul, 2017, 01.00 AM IST
We are prepared for GST from July 1: Civil Aviation MoS Jayant SinhaThe deferment has been sought as airlines are not yet ready with their systems to be in compliance with GST, according to a senior Civil Av...
18 Jun, 2017, 12.24 PM IST
Civil aviation ministry seeks deferment of GST implementationAccording to a senior ministry official, the deferment has been sought as airlines are not yet ready with their systems to be in compliance...
15 Jun, 2017, 02.21 PM IST
Bad news for flyers: Airlines may soon push up fares to lighten GST loadCarriers are concerned that increase in tax and likely reductions in input tax credits on economy class revenues could reduce operating fle...
13 Jun, 2017, 06.39 AM IST
With GST, airlines might face taxation air pocketsWhile the GST is set to be in place from July 1, lack of clarity on certain areas pertaining to airlines business have raised concerns of h...
11 Jun, 2017, 11.27 AM IST
Flying may get costlier under GST: AirlinesThe airline industry made a presentation before the GST Council this Tuesday where it pointed out that at present there is no tax or duty o...
06 Jan, 2017, 11.42 AM IST
Airlines fear rise in costs because of GST, leading to higher ticket pricesCurrently, an airline needs to pay 6% service tax on economy class tickets and 9% on business class, which is transferred to the customer.
05 Aug, 2016, 12.38 PM IST