Delhi govt slashes VAT on aviation turbine fuel from 25% to 7%

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Delhi, May 16 (PTI) The Delhi government on Saturday reduced the value-added tax on aviation turbine fuel from 25 per cent to 7 per cent, officials said.

“Delhi government has decided to reduce the value-added tax (VAT) on aviation turbine fuel (ATF) from the existing 25 per cent to 7 per cent, a move which is likely to benefit the airlines and common passengers,” an official statement said.

The decision was taken at a Cabinet meeting chaired by Chief Minister Rekha Gupta, it said.

The move follows global fuel uncertainty arising from the ongoing conflict in West Asia. VIT SSM ARI