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Have requested Finance Ministry to bring jet fuel under GST: Jayant Sinha

ATF is a major cost component for airlines which constitutes between 35 and 40% of the overall expenses

IANS  |  New Delhi 

Airlines stock photo
Representative image

has proposed to include jet fuel under the ambit of Goods and Services (GST) regime, was informed on Thursday.

"This ministry has requested to include in the ambit of regime with full input credit at the earliest possible," of Civil Aviation told the Lok Sabha in a written reply.

Currently, like jet fuel do not come under the ambit of the new indirect structure.

is a major cost component for airlines which constitutes between 35 and 40 per cent of the overall expenses.

To another question, Sinha said that Indian had estimated employment opportunities for about 3,700 pilots and 3,600 co-pilots in the next five years.

Currently, a total of 3,603 pilots, 3,914 co-pilots, and 15,030 cabin crew are employed by the Indian scheduled airline operators, as per the data maintained by the of Civil Aviation (DGCA).

"As per a recent comprehensive skill gap analysis...the total direct employment in the aviation sector in 2015 was about 195,320, comprising 33,000 at airports, 55,070 in airlines, 71,000 in cargo handling, 1,250 in Maintenance, Repair and Overhaul (MRO) sub-sector and 35,000 in ground handling operations," Sinha said in reply to another question.   

First Published: Fri, December 29 2017. 09:01 IST