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Business News » India News

GST on overseas air tickets violates intl norms: IATA chief

He also flagged various concerns about the Indian aviation sector, including high jet fuel prices, infrastructure woes and privatisation of airports.

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GST on overseas air tickets violates intl norms: IATA chief
The International Airport Transport Association (IATA) is a grouping of more than 280 airlines, Image source:PTI
Written By: PTI
Updated: Tue, Sep 04, 2018
12:55 pm
New Delhi, PTI
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Levying GST on overseas air tickets violates international norms and also weakens the competitiveness of carriers, IATA chief Alexandre de Juniac said Tuesday.

He also flagged various concerns about the Indian aviation sector, including high jet fuel prices, infrastructure woes and privatisation of airports.

The International Airport Transport Association (IATA) is a grouping of more than 280 airlines. Air India, Jet Airways and Vistara are also members.

Speaking at a conference here, de Juniac said goods and services tax (GST) on international air tickets violates International Civil Aviation Organization (ICAO) norms and also weakens the competitiveness of carriers.

The ICAO, part of the UN, is a global aviation body.

The GST rate is 5 per cent and 12 per cent on economy and business class tickets, respectively.

The IATA's Director General and CEO also said that India's aviation sector is projected to see 500 million trips "to, from and within" by 2037.

Watch Zee Business video here:

India's civil aviation sector has recorded 50 months of double-digit growth and it can be "very easily maintain (that) for next 50 months, provided that all nuts and bolts are in place", Civil Aviation Secretary R N Choubey said.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Goods and Service Tax (GST)AviationAir PassengerEconomy
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