Delhi government reduces VAT on aviation turbine fuel from 25% to 7%
The Delhi government has announced a significant reduction in the value-added tax (VAT) on aviation turbine fuel. The VAT has been lowered from 25% to 7%, aiming to support the aviation sector. This move is expected to enhance the financial viability of airlines operating in the region.
- ▪The VAT on aviation turbine fuel has been reduced from 25% to 7%.
- ▪This decision is intended to support the aviation industry in Delhi.
- ▪The reduction in VAT is expected to improve the financial conditions for airlines.
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