Call for GST tag on jet fuel

he Jet Airways impasse has once again brought high aviation fuel prices into the limelight. Airlines have been lobbying hard to bring aviation turbine fuel (ATF) within the GST. High fuel price is a principal reason for Jet’s poor financial performance that led to founder Naresh Goyal’s resignation from the board on Monday and the bailout by lenders led by the SBI. Aviation fuel makes up about 40…