PANAJI: Goa government, led by Chief Minister Dr Pramod Sawant, has reduced the Value Added Tax on Air Turbine Fuel from 18 per cent to 8.5 per cent.
Union Minister Jyotiraditya Scindia said this move would prove critical for the aviation sector.
“I thank Goa CM, Sh @DrPramodPSawant Ji for taking the progressive decision to reduce VAT on Air Turbine Fuel from 18% to 8%. In a scenario of rising fuel prices, this step will prove to be critical in our efforts to ramp up air connectivity in the State,” he said.
He said that with this, Goa joins the league of 17 States/UTs that have rationalised VAT rates in the last 1.5 years.
“Here on, enhanced connectivity for Goa, coupled with the new #mopainternationalairport , would elevate its position as a prime gateway to India,” he said.