Maharashtra Cuts ATF VAT From 18% to 7% for 6 Months as Global Prices Soar 63%

The Maharashtra government has stepped in with a major fiscal lifeline for India’s bleeding aviation sector. In an emergency notification, the state has slashed the Value Added Tax (VAT) on Aviation Turbine Fuel (ATF) from 18% down to 7%.According to the official order, the tax r

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