• Advertise
  • Membership
  • Sign inSUBSCRIBE
Legal Era
X
Sign in
  • Home
  • News
    +
    • From the Courts
    • Policy & Law
    • Supreme Court (India)
    • High Court (India)
    • TAX Updates
    • MARKET WATCH
    • Deal Street
    • Global Insights
    • IBC Cases
    • Hires & Moves
    • IP News
    • Competition Verdict
  • Articles
    +
    • ABOUT THE LAW
    • AWARDS & ACCOLADES
    • Aerospace
    • Agriculture
    • Alternate Dispute Resolution
    • Banking and Finance
    • Bankruptcy
    • Book Review
    • Bribery & Corruption
    • Commercial Litigation
    • Competition Law
    • Conference Reports
    • Consumer Products
    • Contract
    • Corporate Governance
    • Corporate Law
    • Covid-19
    • Cryptocurrency
    • Cybersecurity
    • Data Protection
    • Defence
    • Digital Economy
    • E-commerce
    • Employment Law
    • Energy and Natural Resources
    • Entertainment and Sports Law
    • Environmental Law
    • FDI
    • Food and Beverage
    • Health Care
    • IBC Diaries
    • Insurance Law
    • Intellectual Property
    • International Law
    • Labour Laws
    • Litigation
    • Litigation Funding
    • Manufacturing
    • Mergers & Acquisitions
    • NFTs
    • Privacy
    • Private Equity
    • Project Finance
    • Real Estate
    • Risk and Compliance
    • Technology Media and Telecom
    • Tributes
    • Zoom In
    • Take On Board
    • In Focus
    • Law & Policy and Regulation
    • IP & Tech Era
    • Viewpoint
    • Arbitration & Mediation
    • Tax
    • Student Corner
  • Law Firms
  • In-House
  • Rankings
  • E-Magazine
  • Legal Era TV
  • Events
  • News
    • From the Courts
    • Policy & Law
    • Supreme Court (India)
    • High Court (India)
    • TAX Updates
    • MARKET WATCH
    • Deal Street
    • Global Insights
    • IBC Cases
    • Hires & Moves
    • IP News
    • Competition Verdict
  • Articles
    • ABOUT THE LAW
    • AWARDS & ACCOLADES
    • Aerospace
    • Agriculture
    • Alternate Dispute Resolution
    • Banking and Finance
    • Bankruptcy
    • Book Review
    • Bribery & Corruption
    • Commercial Litigation
    • Competition Law
    • Conference Reports
    • Consumer Products
    • Contract
    • Corporate Governance
    • Corporate Law
    • Covid-19
    • Cryptocurrency
    • Cybersecurity
    • Data Protection
    • Defence
    • Digital Economy
    • E-commerce
    • Employment Law
    • Energy and Natural Resources
    • Entertainment and Sports Law
    • Environmental Law
    • FDI
    • Food and Beverage
    • Health Care
    • IBC Diaries
    • Insurance Law
    • Intellectual Property
    • International Law
    • Labour Laws
    • Litigation
    • Litigation Funding
    • Manufacturing
    • Mergers & Acquisitions
    • NFTs
    • Privacy
    • Private Equity
    • Project Finance
    • Real Estate
    • Risk and Compliance
    • Technology Media and Telecom
    • Tributes
    • Zoom In
    • Take On Board
    • In Focus
    • Law & Policy and Regulation
    • IP & Tech Era
    • Viewpoint
    • Arbitration & Mediation
    • Tax
    • Student Corner
  • Law Firms
  • In-House
  • Rankings
  • E-Magazine
  • Legal Era TV
  • Events

Top Stories

  • NCLT
    Debt owed by one Partner does not make
  • DSK Legal advised CARE in relation to the acquisition of CHL group
    DSK Legal advised CARE in relation to
  • Tax
    ITAT rules on TDS credit not being
  • Capital-Loss
    ITAT rules on expenditure claims in a
  • Income-Tax-Act
    Madras High Court rules on remand
  • CBIRC approves Goldman Sachs-ICBC launch of wealth management joint venture
    CBIRC approves Goldman Sachs-ICBC launch
  • McDermott
    McDermott appoints eight IP partners to
  • SEBI
    SEBI fines PGIM AMC, its CEO Ajit Menon,
  • Property-Right
    'Right to Property is a basic human
  • German-Government
    German Government proposes new
HomeNews
15 March 2022 2:45 PM GMT

Government reduces GST to 5 percent on aviation services

By Legal Era
Government reduces GST to 5 percent on aviation services

Government reduces GST to 5 percent on aviation services Eleven states and Union Territories have already reduced VAT on turbine fuel The Ministry of Civil Aviation has notified the reduction in the Goods and Service Tax (GST) from 18 percent to 5 percent on domestic maintenance, repair, and overhaul services in the aviation industry. The press release issued by the ministry stated...

ToRead the Full Story, Subscribe to Legal Era

Access the exclusive LEGAL ERAStories,Editorial and Expert Opinion

Subscribe Now
AlreadyaSubscriber?SigninNow
View Plans


Government reduces GST to 5 percent on aviation services

Eleven states and Union Territories have already reduced VAT on turbine fuel

The Ministry of Civil Aviation has notified the reduction in the Goods and Service Tax (GST) from 18 percent to 5 percent on domestic maintenance, repair, and overhaul services in the aviation industry.

The press release issued by the ministry stated that the average number of passengers carried in the pre-Covid Financial Year 2019–20 was around 4 lakh per day. On 6 March 2022, domestic airlines in India carried around 3.7 lakh passengers.

The issue of a reduction of Value Added Tax (VAT) on aviation turbine fuel (ATF) had been taken up with the states and the Union Territories.

Eleven states and Union Territories have reduced the VAT on ATF below 5 percent. These include Andaman & Nicobar Islands, Dadar & Nagar Haveli, Daman & Diu, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Ladakh, Madhya Pradesh, Tripura, Uttar Pradesh, and Uttarakhand.

Click to download here Full PDF

TAGS:
  • Government of India 
  • Ministry of Civil Aviation 
  • Goods and Service Tax 
  • Value Added Tax 
Next Story
Similar Posts
See More
Trending Now
Tax on Alimony

Tax on Alimony

DSK Legal advised CARE in relation to the acquisition of CHL group

DSK Legal advised CARE in relation to the acquisition of CHL

Gautam-Saha

Gautam Saha leaves AZB & Partners to join Talwar Thakore &

Defamation

'Action of defamation on fair reporting is unhealthy for a

Recommended Articles
Digital Markets Must be Defined Well for Competition Regulation

Digital Markets Must be Defined Well for Competition

Legal Considerations for Investments in Data Centers in India

Legal Considerations for Investments in Data Centers in

From General Counsel to Independent Director

From General Counsel to Independent Director

Revitalizing The Insolvency Regime in India

Revitalizing The Insolvency Regime in India

  • News
  • From the Courts
  • Supreme Court (India)
  • High Court (India)
  • Global Insights
  • Deal Street
  • Hires & Moves
  • Refund & Cancellation Policy
  • Articles
  • Zoom In
  • Take On Board
  • In Focus
  • Law & Policy
  • IP & Tech Era
  • Viewpoint
  • Arbitration & Mediation
  • Tax
  • Student Corner
  • Interviews
  • Law Firms
  • E-Magazine
  • Legal Era TV
  • Membership
  • Reader's Feedback
  • Cartoons
  • Subscribe
Follow Us
Subscribe Newsletter
  • 2022© All rights reserved Legal Era Media Group
  • Who We Are
  • Careers
  • Advertise with Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
Powered by  Hocalwire
X
X