- The reduction will take effect from midnight on Monday
- Reducing VAT on ATF could result in lower airline fares
- This pro-people decision will boost tourism activities in the state, the CMO said
The Gujarat government on Monday decided to reduce the value-added tax (VAT) on aviation turbine fuel (ATF) by five per cent to boost tourism, the Chief Minister’s Office (CMO) said.
The reduction will take effect from midnight today (Monday).
“Chief Minister Bhupendra Patel has decided to reduce the value added tax rate on aviation turbine fuel (ATF) used in airlines,” he said in a statement.
The reduction in VAT on ATF is likely to reduce air fares for airlines, which will encourage more tourists to travel to Gujarat.
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