States have rejected the proposal to bring aviation turbine fuel under the GST regime, citing its classification alongside crude petroleum and diesel. Decisions on GST reductions for insurance ...
Besides, Sitharaman said, no decision was taken with regard to reduction in GST on insurance premiums as the Group of Ministers (Go) needed more time to study the issue.
States have rejected a proposal to include Aviation Turbine Fuel (ATF) in the ambit of the Goods and Services Tax (GST) regime, Finance Minister Nirmala Sitharaman said on December 21 during a ...