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Bihar Reduces VAT on Aviation Fuel to 4% to Boost Air Connectivity and Revenue

  • Bihar Cabinet approved reducing VAT on aviation turbine fuel from 29 percent to 4 percent
  • Decision made to attract more commercial flights
  • Meeting chaired by Chief Minister Nitish Kumar
  • Reduction part of the Regional Connectivity Scheme
  • Expected to lower air ticket prices
  • Aims to enhance state revenue and generate employment

Source: ptinews.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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