Centre to soon propose a formula to levy GST on ATF

The central government may soon propose a formula or strategy to bring…

Union FM: Proposal to Bring ATF under GST in Next Council Meeting’s Agenda

Union Finance Minister Nirmala Sitharaman recently said that the agenda of the…

Excise Duty Collection for April-July’21 at Rs.1 Lakh Crore; A 48% YoY Increase

According to data available from the Controller General of Accounts in the…

Upcoming 43rd Council meeting to deliberate including Natural Gas under GST

The GST Council may potentially consider levying the Goods and Services Tax…

Gujarat AAR: Value of Supply for Helicopter Hiring Includes Fuel Provided

The Applicant Global Vectra Helicorp Ltd employs a fleet of around 30…
GST Revenue

ATF and Gas Might Be Added under the GST Bracket

According to financial sources, chances of including Aviation Turbine Fuel (ATF) and…

Natural gas, aviation turbine fuel to be added to the GST ambit

Union Petroleum Minister, Dharmendra Pradhan, has appealed the Finance Minister to include…

Aviation Ministry Forms Committee to Address Additional Taxes on ATF

The Ministry of Civil Aviation has reportedly constituted a committee to justify…

New government to focus on improving the GST coverage

Currently, a lot of commodities do not come under the GST net.…