- Goa has reduced VAT on Aviation Turbine Fuel (ATF) to 7%, cutting the tax burden on airline fuel.
- The change was issued through a notification amending a revised entry in Schedule C of the Goa Value Added Tax Act, 2005.
- The new VAT rate is intended to lower airline operating costs, support air connectivity, and boost tourism in Goa.
- Airlines have urged other states to adopt similar fuel tax rationalization to make air travel more affordable.
Source: aninews.in
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.
