GST exemption for RCS UDAN VGF begins from each airport's notified commencement, enabling three year fiscal relief. The notification fixes the temporal trigger for two fiscal concessions under RCS-UDAN: VGF disbursed to Selected Airline Operators is exempt from GST for three years from the notified commencement of RCS UDAN operations at each airport, and a 2% excise duty on Aviation Turbine Fuel used for RCS-UDAN flights applies for three years from each airport's notified commencement date; a schedule of airports, routes and their commencement dates is published to determine those three year windows.
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Provisions expressly mentioned in the judgment/order text.
GST exemption for RCS UDAN VGF begins from each airport's notified commencement, enabling three year fiscal relief.
The notification fixes the temporal trigger for two fiscal concessions under RCS-UDAN: VGF disbursed to Selected Airline Operators is exempt from GST for three years from the notified commencement of RCS UDAN operations at each airport, and a 2% excise duty on Aviation Turbine Fuel used for RCS-UDAN flights applies for three years from each airport's notified commencement date; a schedule of airports, routes and their commencement dates is published to determine those three year windows.
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