Excelsior Correspondent
Srinagar, June 2: Finance Minister, Haseeb A Drabu, today announced roll back of tax proposal of 25 percent on Aviation Turbine Fuel (ATF) for the helicopters used for pilgrimage in the State.
Drabu said the tax on Aviation Turbine Fuel (ATF) was reduced last year from the national average of 25 percent to 20 percent. “We had hoped it will have a positive impact on tourism because of cheaper fuel. But it didn’t happen. However, given the demands of the members of this House, I am rolling back the proposal of 25 percent tax on ATF in case of helicopters. The tax on fuel for helicopters engaged in tourism will be kept at the previous 20 percent,” he said.
The members in Legislative Assembly and Council had raised serious concern over the issue of raising the tax on ATF to 25 percent.
National Conference MLA, Devender Singh Rana also raised the issue of tax hike on ATF in the Assembly. He had said that it will increase the airfare of pilgrims of Mata Vaishno Devi Ji and holy Amarnath yatra.
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