1% VAT on ATF could fetch cheaper flight tickets from Noida Airport compared to IGI
The Uttar Pradesh government has cut VAT on aviation turbine fuel (ATF) to make Jewar Airport a competitive aviation hub. Uttar Pradesh Chief Minister Yogi Adityanath’s recent decision to reduce the VAT on aviation fuel to just 1% is seen as a move to position Noida’s Jewar Airport as a competitive player. This airport is expected to become operational in 2025.