Airlines seek GST on ATF at 5% with full tax credit to help cut costs - A2Z Taxcorp LLP

India’s leading domestic airlines have urged the Centre to bring Aviation Turbine Fuel (ATF) under the Goods and Services Tax (GST) regime at a rate of 5 per cent with full Input Tax Credit (ITC), arguing that the move would significantly reduce operating costs, improve airline liquidity and make air travel more affordable. In a representation to the Ministry of Civil Aviation, reviewed by busines…