GST Exemption on disbursement of Viability Gap Funding to Selected Airline Operators

By | December 4, 2017
(Last Updated On: December 4, 2017)



New Delhi, the 30th November, 2017

G.S.R. 1470(E).—Government of India, Ministry of Finance vide Notification No. 7/2017-Service Tax dated 02.02.2017 and Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017 has granted exemption from levy of Service Tax / GST on disbursement of Viability Gap Funding (VGF) to Selected Airline Operators (SAOs) for a period of one year from the date of commencement of operations of the Regional Connectivity Scheme (RCS) Airport as notified by Ministry of Civil Aviation.

2. For the purpose of the referred Notification for grant of exemption of levy of Service Tax / GST, the date of commencement of operations at various RCS Airports till 31.10.2017 is notified as under:

S. No.Name of RCS AirportDate of Commencement of Operation under RCS-UDAN.
1Shimla27th April, 2017
2Bhatinda27th April, 2017
3Nanded27th April, 2017
4Kadapa27th April, 2017
5Gwalior31st May, 2017
6Porbandar10th July, 2017
7Kandla10th July, 2017
8Puducherry16th August, 2017
9Ludhiana2nd September, 2017
10Mysore20th September, 2017
11Vijayanagar21st September, 2017
12Bikaner26th September, 2017
13Jaisalmer29th October, 2017

3. In terms of the said Notification, Service Tax / GST exemption has been granted by Government of India, Ministry of Finance on VGF disbursed to Selected Airline Operators in respect of RCS Flights operated at above RCS Airports, for such period, as provided in the Notification, from the date indicated against each RCS Airport as above.

[F. No. AV-13011/9/2017-DT]


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