India News | Gujarat Reduces VAT on Aviation Fuel by 5 Pc
Get latest articles and stories on India at LatestLY. Gujarat Chief Minister Bhupendra Patel has decided to reduce the value added tax (VAT) rate on Aviation Turbine Fuel (ATF) by 5 per cent to boost tourism, said a press release from Chief Minister's Office (CMO) on Monday.
Gandhinagar (Gujarat) [India], December 14 (ANI): Gujarat Chief Minister Bhupendra Patel has decided to reduce the value added tax (VAT) rate on Aviation Turbine Fuel (ATF) by 5 per cent to boost tourism, said a press release from Chief Minister's Office (CMO) on Monday.
"The state government said that this people-oriented decision of Patel will boost the tourism activities in the state," the CMO said in a statement.
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Several State and Union Territories (UTs) including Uttarakhand, Himachal Pradesh, Haryana, Madhya Prades, Jammu and Kashmir, Ladakh and Andaman and Nicobar have reduced Aviation Turbine Fuel (ATF) to 4-1 per cent so far. (ANI)
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