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Tuesday, 10 December 2013

Goa soon to slash VAT on aviation fuel, says Parrikar

Dabolim: Goa will slash VAT on aviation turbine fuel to 5 percent from the existing 12 percent, Chief Minister Manohar Parrikar said Tuesday.
He was speaking at a function at the Dabolim airport, 30 km from the capital, to mark the soft launch of a new integrated terminal building.
In a bid to convince union Civil Aviation Minister Ajit Singh, who was present on the occasion, that the state government was doing its best to encourage aviation companies to utilise the Dabolim airport, Parrikar said: "I assure you that the VAT on ATF will be reduced to five percent from 12 percent. Earlier it was 22 percent."
Read News In full 03/12/13 IANS/Business Standard

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