Maharashtra cuts VAT on aviation turbine fuel to 7 pc from 18 pc for six months

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....aharashtra cuts VAT on aviation turbine fuel to 7 pc from 18 pc for six months<BR>GST<BR>Dated:- 15-5-2026<BR>PTI<BR>Mumbai, May 15 (PTI) The Maharashtra government reduced Value Added Tax (VAT) on Av....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....iation Turbine Fuel (ATF) to 7 per cent from 18 per cent for a period of six months beginning May 15, an official said. The decision was notified by the state Finance Department on May 14 under the....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Maharashtra Value Added Tax Act 2002. "The concession will remain in force from May 15 to November 14, after which the previous rate would apply unless extended or modified by the government. The ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....amendment substitutes the existing 18 per cent tax rate with 7 per cent in Entry 6 of Schedule B appended to the Maharashtra Value Added Tax Act 2002," an official notification informed. The reduct....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ion in VAT is expected to lower fuel costs for airlines and could help improve air connectivity and competitiveness of airports in the state, the official added. While the move is expected to provi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....de relief to airlines, it will result in a revenue loss of around Rs 600 crore to the state exchequer, the finance department said. PTI MR BNM =============<BR> News - Press release - PIB....