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Bihar Flight Ticket Price: The Bihar government has given a gift to its residents of Bihar. After which you will get cheap tickets for air travel from Bihar to any state. You can plan to travel from Bihar to any state with your family.
25% VAT reduced
The decision to reduce VAT on Aviation Turbine Fuel (ATF) at Gaya airport from 29 percent to 4 percent has been approved in the cabinet meeting of the Bihar government. That is, now only 4 percent VAT will be applicable on the sale of ATF at Gaya airport. This will lead to a fall in the cost of aircraft fuel and also may see a reduction in the fares of the aircraft.
16 proposals approved
The press release issued by the government says that the reduction of VAT rates on ATF will not only increase the movement of aircraft. This will also lead to an increase in fuel consumption. A total of 16 proposals have been approved in the Bihar cabinet meeting.
Now every 15 days will be reviewed
On the other hand, Union Finance Minister Nirmala Sitharaman says that the government will now review the new tax imposed on crude oil, diesel-petrol and aircraft fuel (ATF) every 15 days. In fact, keeping in mind the international prices, the government will review the taxes every fortnight.
Export tax on petrol, diesel and aircraft fuel
The central government has also recently announced the imposition of tax on the export of petrol, diesel and aircraft fuel. Let us tell you that the export of petrol and ATF has been taxed at the rate of Rs 6 per liter and the export of diesel at the rate of Rs 13 per liter. This new rule has come into effect from July 1.
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