Tripura reduces VAT on aviation fuel to accomodate better air traffic at Agartala airport

Tripura Cabinet has decided to reduce the share of Value-Added Tax (VAT) levied on Aviation Turbine Fuel from 16 per cent to 1 per cent expecting better air traffic at Maharaja Bir Bikram Airport Agartala soon after it gets the international airport status. In a statement, information and cultural affairs minister Sushanta Chowdhury on Tuesday said, "It is expected that the international airport status will be accorded to the airport as construction works are almost complete."

Tripura Cabinet has decided to reduce the share of Value-Added Tax (VAT) levied on Aviation Turbine Fuel from 16 per cent to 1 per cent expecting better air traffic at Maharaja Bir Bikram Airport Agartala soon after it gets the international airport status. In a statement, information and cultural affairs minister Sushanta Chowdhury on Tuesday said, "It is expected that the international airport status will be accorded to the airport as construction works are almost complete." November 17, 2021 at 06:58AM https://ift.tt/3qJVtG7