Jharkhand Government slashes VAT on jet fuel to 4 % from a 20 % high - Business News: Latest News & Videos about market and economy | Trendmergers

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Jharkhand Government slashes VAT on jet fuel to 4 % from a 20 % high

"The State Government will amend serial number one of Schedule- II Part-E of Jharkhand Value Added Tax Act, 2005 in order to improve the air connectivity in the state. Under this, the tax rate on Aviation Turbine Fuel (ATF) will be reduced from 20 percent to 4 percent," the statement said.

from Industry-Economic Times
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