Maharashtra Finance Department

Aviation

Maharashtra Cuts Aviation Fuel VAT from 18% to 7% for Six Months.

According to an official, the Maharashtra government lowered the Value Added Tax (VAT) on Aviation Turbine Fuel (ATF) from 18% to 7% for a six-month period starting on May 15. In accordance with the Maharashtra Value Added Tax Act of 2002, the state Finance Department announced the decision on May 14. “Unless the government extends or modifies it, the concession…