Bringing jet fuel under GST will boost growth: SpiceJet chief at WEF

He said the move would bring down fares, help aviation sector see growth and thus compete globally

SpiceJet co-founder Ajay Singh on Friday pitched for bringing aviation- turbine fuel (ATF) under the ambit of goods and services tax (GST) to lower cost. The move will help bring down fares and boost the sector’s growth, Singh said at the World Economic Forum’s India Economic Summit.

Bringing fuel under GST will help airlines claim input tax credit, which will help lower cost.

“In aviation cost, ATF is the biggest item. We want it to be reduced. States should reduce sales tax and bring it within the GST so that we can claim input tax credit. If that happens, prices