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We are prepared for GST from July 1: Civil Aviation MoS Sinha

Press Trust of India  |  New Delhi 

"We are prepared for from July 1," Minister of State for Civil Aviation Jayant Sinha said today even as the ministry has sought deferment of the new regime. The minister also emphasised that preparedness for implementation of the Goods and Services (GST) has been discussed with all aviation stakeholders and that "concerns were satisfactorily addressed". The is scheduled to be rolled out from July 1 and preparations are at an advanced stage. However, the ministry recently had written to the Ministry seeking deferral of implementation by two months. The deferment has been sought as airlines are not yet ready with their systems to be in compliance with GST, according to a senior Civil Aviation Ministry official. Against this backdrop, Sinha today tweeted about the preparedness. "Discussed preparedness with all aviation stakeholders; concerns were satisfactorily addressed. We are prepared for from 1st July," Sinha said. Airlines, including Air India, had expressed concern over certain aspects of Airline officials said making changes in the global ticket distribution system to ensure compliance with would take time.

Lack of clarity on certain areas pertaining to airlines business has also given rise to concerns of higher operational cost. Among others, airlines are in a fix over the possibility of movement of "stocks (equipment or aircraft parts)" being taxed under Sinha on Wednesday had chaired a meeting on preparedness with various aviation industry stakeholders, including airlines and airports. Earlier this week, the Ministry said is on track for scheduled implementation from July 1 and pushed back against rumours of a delay. "The rumours about implementation being delayed are false. Please do not be misled by it," Revenue Secretary Hasmukh Adhia had said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, June 15 2017. 21:28 IST