aviation turbine fuel
Airfares to shoot up this festive season on surging jet fuel prices
The government, last week, hiked import duty on aviation turbine fuel to 5 per cent.
Import duty on ATF not to make big impact on airlines
Industry sources said the low-cost private carrier’s total import accounts for 10-12 per cent of its fuel bill.
GST Council to drop natural gas, jet fuel from agenda in next meeting
The all-powerful GST Council is set for a meeting on Saturday.
States reluctant to include fuel, liquor
Liquor, LPG, natural gas, aviation turbine fuel (ATF), petrol and diesel are exempt from GST.
LPG price up Rs 2 per cylinder, jet fuel hiked by steep 7 per cent
A household is entitled to 12 cylinders of 14.2-kg each at subsidised rates in a year.
Inclusion of ATF under GST to help airlines cut cost, says Prabhu
There is a demand from airlines for inclusion of Aviation Turbine Fuel in the new indirect tax regime.
Fuel price hike may lead to increase in air fares: experts
The ATF price has witnessed an increase of nearly 30 per cent over the last one year and about 25 per cent in just last six months.
Jet fuel price hiked by 6 per cent; LPG costlier by Rs 1.50 a cylinder
The hike in LPG price comes on the back of over Rs 7 per cylinder increase effected from September 1.
Natural gas may be included in GST, to benefit ONGC
GST paid on inputs and services used for producing natural gas can be set off against taxes on its sale.
Aviation sector earnings set to fly high in Q1 FY18
Service tax on economy class air travel has been lowered from 6 per cent to 5 per cent under the GST regime.