{"id":27522,"date":"2022-10-18T17:15:14","date_gmt":"2022-10-18T11:45:14","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=27522"},"modified":"2022-10-18T17:15:17","modified_gmt":"2022-10-18T11:45:17","slug":"aviation-minister-urges-eight-states-to-reduce-taxes-on-jet-fuel-exclusive","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/10\/18\/aviation-minister-urges-eight-states-to-reduce-taxes-on-jet-fuel-exclusive\/","title":{"rendered":"Aviation Minister urges eight states to reduce\u00a0taxes on jet fuel | Exclusive"},"content":{"rendered":"\n<p><strong>Union Civil Aviation Minister Jyotiraditya Scindia on Tuesday urged 8 states and Union Territories to reduce&nbsp;tax on jet fuel&nbsp;as there is a huge demand for air travel after the Covid-19 pandemic.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-union-civil-aviation-minister-jyotiraditya-scindia\">Union Civil Aviation Minister Jyotiraditya Scindia<\/h2>\n\n\n\n<p>Union Civil Aviation Minister Jyotiraditya Scindia on Tuesday, October 18, 2022, stated there is a huge demand for air travel after the pandemic and urged 8 states and Union Territories to reduce the tax on jet fuel.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/10\/scindia.jpeg\" alt=\"\" class=\"wp-image-27523\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/10\/scindia.jpeg 400w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/10\/scindia-300x300.jpeg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/10\/scindia-100x100.jpeg 100w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/10\/scindia-150x150.jpeg 150w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/10\/scindia-75x75.jpeg 75w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/10\/scindia-350x350.jpeg 350w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption><strong>Union Civil Aviation Minister Jyotiraditya Scindia | Aviationa2z.com<\/strong><\/figcaption><\/figure>\n\n\n\n<p>Air traffic increase will be driven by smaller cities, he stated while speaking at the Civil Aviation Ministers&#8217; conference in the national capital.<\/p>\n\n\n\n<p>Domestic air traffic is inching closer to the pre-Covid level and in recent times, the daily traveler&#8217;s numbers crossed the 4 lakh mark twice.<\/p>\n\n\n\n<p>Union Civil Aviation Minister Jyotiraditya Scindia stated that Value Added Tax (VAT) on jet fuel is still high in 8 states and Union Territories in the range of 20-30 percent and urged them to reduce the rate. Jet fuel cost accounts for a significant part of an airline&#8217;s operational prices.<\/p>\n\n\n\n<p><strong>Also, read            <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong><a href=\"https:\/\/aviationa2z.com\/index.php\/2022\/10\/17\/despite-an-increase-in-traffic-indian-airlines-are-likely-to-remain-stressed-exclusive\/\" target=\"_blank\" rel=\"noreferrer noopener\">Despite an increase in traffic, Indian Airlines are likely to remain stressed | EXCLUSIVE<\/a>           <\/strong><\/li><li><strong><a href=\"https:\/\/aviationa2z.com\/index.php\/2022\/10\/10\/prime-minister-modi-announced-a-new-international-airport-for-gujarat\/\" target=\"_blank\" rel=\"noreferrer noopener\">Prime Minister Modi announced a new international airport for Gujarat<\/a>      <\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p>The Aviation Minister requested Goa, Assam, Delhi, Maharashtra, West Bengal, Rajashthan, Bihar, and Tamil Nadu to reduce the VAT on Aviation Turbine Fuel (ATF).<\/p><\/blockquote><\/figure>\n\n\n\n<p>&#8220;New development to arrive from Tier 2 and 3 cities,&#8221; he said and emphasized the need to bring down entry barriers in the context of high VAT on jet fuel in some states. Currently, 28 states and Union Territories have VAT on jet fuel in the range of 1-4 percent, he said.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-aviation-turbine-fuel\">Aviation turbine fuel<\/h2>\n\n\n\n<p>He described the country&#8217;s civil aviation sector as a &#8216;towering phoenix&#8217;, and operating seamlessly in a high-demand environment compared to problems faced by passengers &amp; airports in different parts of the world.<\/p>\n\n\n\n<p>Last month, the price of ATF (aviation turbine fuel) saw a cost cut in Delhi after the Central government increased the windfall profit tax on jet fuel exports. The price of jet fuel was cut by 0.7% (\u00a0\u20b9874) to\u00a0\u20b91.21 lk\/kl from\u00a0\u20b91.22\/kl in the national capital.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/aviation.jpg\" alt=\"\" class=\"wp-image-20372\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/aviation.jpg 800w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/aviation-600x450.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/aviation-300x225.jpg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/aviation-768x576.jpg 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/aviation-750x563.jpg 750w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><figcaption><strong>Aviationa2z.com<\/strong><\/figcaption><\/figure>\n\n\n\n<p><strong>The Centre had increased the windfall profit tax on ATF to\u00a0\u20b99 a liter. The tax on Aviation Turbine Fuel exports had been hiked from\u00a0\u20b92 per liter from September 1 this year.\u00a0<\/strong><\/p>\n\n\n\n<p><strong>Thank you<\/strong><\/p>\n\n\n\n<p><strong>Stay updated with Aviationa2z.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aviation Minister urges eight states to reduce\u00a0taxes on jet fuel | Exclusive<\/p>\n","protected":false},"author":3,"featured_media":27523,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[7216,7217,6761],"tags":[152,104,79,2030,393,115,81,172,173,495,3094],"class_list":{"0":"post-27522","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aviation-news","8":"category-indian-aviation-news","9":"category-news","10":"tag-airlines","11":"tag-airport","12":"tag-aviation","13":"tag-aviation-a2z-news","14":"tag-aviation-news","15":"tag-india","16":"tag-latest-aviation-news","17":"tag-minister","18":"tag-minister-scindia","19":"tag-ministry-of-civil-aviation","20":"tag-scindia"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/27522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=27522"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/27522\/revisions"}],"predecessor-version":[{"id":27524,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/27522\/revisions\/27524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/27523"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=27522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=27522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=27522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}