According to a PTI report, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has suggested that the Government of India (GoI) should confer core industry status to the airlines business to sustain the aviation sector. The Chamber also sought 'declared goods' status to Aviation Turbine Fuel (ATF) by lowering Sales Tax and revising its taxation structure.
Swati Piramal, President, ASSOCHAM said, “It is revealed that ATF prices for 11 international airports as on July 2009, ranged between Rs 23,000 and Rs 26,000 per kilolitre. While Kuala Lumpur has the lowest price of Rs 22,800 per kilolitre, India's airports ATF prices ranged between Rs 34,000 and Rs 47,000 per kilolitre.”
ASSOCHAM pointed out that the lowest price of ATF among Indian airports is at Hyderabad, which is 46 per cent higher than the price at Kuala Lumpur, while the highest price is at Kolkata with almost double than that of at Kuala Lumpur |