Oil companies flag roadblocks in rationalising taxes on jet fuel
Monday, September 9, 2019, 8:17 AM
Oil marketing companies have cited issues like sales-tax as a barrier to the Civil Aviation Ministry's plan to rationalise additional charges that airlines have to pay while uplifting ATF at airports across India, officials said. Currently, airlines have to pay taxes for certain services, such as 'throughput charges', 'into-plane charges' and 'fuel-infrastructure charges' when they take the ATF at any airport for their planes.
Indian Oil Reduces Jet Fuel Prices to Lowest in Seven Months
Monday, December 3, 2018, 5:40 PM
Indian Oil Corp., the country's biggest fuel retailer, cut jet fuel prices for domestic and international carriers. The price in Delhi for domestic airlines was cut to Rs.68,050.97 a kiloliter on December 1, an 11% reduction from a month earlier, according to a statement by the state-run company. That is the lowest since May 1, data from Indian Oil show.