Summary:
When things are going in the right direction, it is obvious to expect that airlines would seek a reduction of VAT on jet fuel," added Singhal. Nearby states such as Chhattisgarh, Andhra Pradesh, Rajasthan, Jharkhand have reduced VAT on ATF and are witnessing increased connectivity from various airlines. "Recently, Spice Jet officials met online campaigners and travel agencies. "Incidentally, the state government had reduced VAT from 24% to 5% five years ago, but it could not help in attracting more airlines. Two years ago, the state government increased VAT on ATF and made it 25%..