Delhi govt slashes VAT on aviation turbine fuel from 25% to 7%

The Delhi government on Saturday reduced the value-added tax on aviation turbine fuel from 25 per cent to 7 per cent, officials said. “Delhi government has decided to reduce the value-added tax (VAT) on aviation turbine fuel (ATF) from the existing 25 per cent to 7 per cent, a move which is likely to benefit the airlines and common passengers,” an official statement said. The decision was taken at a Cabinet meeting chaired by Chief Minister Rekha Gupta, it said. The move follows global fuel uncertainty arising from the ongoing conflict in West Asia.