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No Decision Yet On Jet Fuel Tax Cut, Say Government Sources

No Decision Yet On Jet Fuel Tax Cut, Say Government Sources

NDTV
Wednesday, May 25, 2022 05:32:53 PM UTC

Finance ministry has not yet taken a view on the civil aviation ministry's plea for tax cuts on jet fuel or aviation turbine fuel to bring down prices

Finance ministry has not yet taken a view on the civil aviation ministry's plea for tax cuts on jet fuel or aviation turbine fuel (ATF) to bring down prices, a top source said on Wednesday.

Civil Aviation Minister Jyotiraditya Scindia has been making a case for lowering the high taxes on ATF even as most states have already moved to significantly reduce the value-added tax (VAT).

"They (Civil Aviation Ministry) have approached us with a plea to moderate the prices. However, no decision has been taken yet," the source said.

The Civil Aviation Ministry continues to be in discussion with the finance minister over the issue, the source added.

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