Including aviation turbine fuel and natural gas will not just help companies set off tax that they paid on input but will also bring about uniformity in taxation on the fuels in the country
State-owned fuel marketing companies revise ATF prices on the 1st of every month based on average of benchmark international oil price in the previous month
National carrier cancels one flight, reduces load on seven others after OMCs pare supplies at six airports
The hike will add to the burden of cash strapped airlines that are already reeling under pressure from cut-throat competition in the sector
The OMCs and the AAI are washing their hands of the decision to include RIL