IndiGo Fined by Customs for Jet Fuel Duty
IndiGo has been fined by the customs department for over Rs 25 lakh related to duty on jet fuel. The airline plans to take legal action.
Photograph: Kai Pfaffenbach/Reuters
New Delhi, Jan 15 (PTI) Leading airline IndiGo on Wednesday said the customs department has imposed a fine of little over Rs 25 lakh on the company in relation to duty on jet fuel.
The fine has been imposed by the Joint Commissioner (Customs), Office of the Commissioner of Customs, Ludhiana.
In a regulatory filing, InterGlobe Aviation, the parent of IndiGo, said there was "demand for additional duty of customs on remnant Aviation Turbine Fuel (ATF)".
The company will take appropriate legal measures against it, the filing said and added that there is no material impact on financials, operations or other activities.
The fine has been imposed by the Joint Commissioner (Customs), Office of the Commissioner of Customs, Ludhiana.
In a regulatory filing, InterGlobe Aviation, the parent of IndiGo, said there was "demand for additional duty of customs on remnant Aviation Turbine Fuel (ATF)".
The company will take appropriate legal measures against it, the filing said and added that there is no material impact on financials, operations or other activities.
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