Civil Aviation Ministry Reviewing Airlines' Plea for Tax Relief Amid West Asia Fuel Crisis?
Amid rising global oil prices triggered by the ongoing West Asia fuel supply disrupt airlines have urged the government to consider tax relief measures to offset the ste operational costs. Airline operators have approached the Ministry of Civil Aviatio reductions in excise duty and state-level value-added tax (VAT) on aviation turbine which how accounts for more than half of their operating expenses. Sources said the closely examining these representations and is in consultations with the finance and ministries to assess possible fiscal interventions. Officials indicated that while the go remains cautious about revenue implications, it recognises the industry's financial strain downstream impact on airfares and passenger demand. The Civil Aviation Ministry has stakeholders that it is "closely monitoring the situation" and evaluating short-term measures to stabilise the sector.