Budget 2007 has hit private users of helicopters and airplanes with the Finance Minister, Mr P. Chidambaram, announcing three per cent import duty on all purchases of private air travel, plus countervailing duty (CVD) and additional Customs duty.
Clients include corporates though it is unclear whether the provision will cover non-schedule operators offering private air travel services, said Mr S.J.S. Saighal, Chairman of Global Vectra Helicorp.
March 2, 2007 at 2:54 pm |
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November 25, 2009 at 8:22 am |
jet konnect like low budget airlines are also taking market share faster than other national and full service airlines.