The GST Council meeting saw states opposing the inclusion of ATF under GST. Finance Minister Nirmala Sitharaman announced the states' decision. They prefer ATF to remain part of the crude petroleum diesel basket. The aviation sector's request for GST on ATF was denied. The existing tax structure for ATF will continue.
Jaisalmer: States turned down any move to levy Goods and Services Tax on Aviation Turbine Fuel , a persistent demand from the aviation sector, at the GST Council meeting . Briefing reporters about the decisions of the GST Council on Saturday, Union finance minister Nirmala Sitharaman said the issue was discussed by the members but states did not agree to it bringing it under the ambit of GST. "States did not feel comfortable," she said.
States do not want the ATF within GST because they see it as part of the crude petroleum diesel basket, she said.
"...and therefore they said that it alone cannot be taken out, and therefore that continues to remain where it is today," she said.
Nominations for ET MSME Awards are now open.
The last day to apply is December 15, 2024.
Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award.
Worker unrest in major industrial clusters, followed by wage hikes and violent protests, is adding another layer of pressure to India’s auto ecosystem at a time when fuel, gas and input costs are already under strain.
Hyundai Motor India will raise vehicle prices by up to 1 percent from May 2026, reinforcing the industry-wide message that raw-material and input-cost pressure is not easing yet.
BMW Group will launch 23 more products in India in 2026 across BMW, BMW Motorrad and Mini, signalling one of the most aggressive premium product plans in the market this year.
Royal Enfield’s electric sub-brand has launched the Flying Flea C6 at ₹2.79 lakh with a 3.91kWh battery, 154km IDC range and a 124kg kerb weight, making it the lightest Royal Enfield yet.
