Finance Minister to discuss aviation fuel’s inclusion in GST regime with States
The Hindu
We are keeping a very close watch on the U.S. Fed’s decisions and global inflationary pressures: Nirmala Sitharaman
The government will take up the inclusion of Aviation Turbine Fuel (ATF) in the Goods and Services Tax (GST) system before the GST Council, Finance Minister Nirmala Sitharaman said on Sunday, noting that high global fuel prices are a cause for concern.
Ms. Sitharaman was responding to a plea from Spicejet chairman Ajay Singh to lower the excise duty on fuel at least temporarily, as global crude oil prices are hovering around $90 per barrel, and pursue the inclusion of ATF in the GST regime.
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