Goa notifies reduction in VAT on Aviation Turbine Fuel from 18 % to 8 %

    2199
    0

    Digital Goa, Jan 3 – Ahead of commencement of flight operations at Mopa International Airport from Jan 5, the Goa government has reduced Valued Added Tax (VAT) on Aviation Turbine Fuel (ATF) from 18 per cent to 8 per cent per kilo-litre. A notification to this effect was issued by Under Secretary, Finance(R&C) yesterday. This Notification shall come into force with effect from the 3rd day of January, 2023, states the notification.  With this, Goa joins the league of 17 States/UTs that have rationalised VAT rates in the last 1.5 years.