Maharashtra announces 6-month reduction in VAT on aviation fuel; airfares likely to stabilise

Maharashtra has cut Value Added Tax on Aviation Turbine Fuel to 7 percent for six months. This decision aims to ease the burden on airlines facing high fuel costs. The move is expected to help stabilize airfares during the summer travel season. It also strengthens Maharashtra’s position as a major aviation hub. The reduction follows discussions on jet fuel taxation.

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