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Posts Tagged ‘Temporary Fees’

The government of India has approved a temporary fee of Rs. 200 (around $4) per passenger on all domestic flights and Rs. 1,300 (around $26) per passenger on all international flights. The fees will be charged starting March 1st 2009 and is supposed to be for 36 months only. The fees collected will directly be used to pay the developers for the current development projects and is expected to cover the estimated shortfall of Rs 1,827 crore (around $365 mil)

Similar fees had been already enforced for India’s Hyderabad and Bangalore  Airports.

From Hindustan Times -

The development fee will be paid to the Delhi International Airport
Ltd (DIAL), which has the Bangalore-based infrastructure major GMR and
the state-run Airports Authority of India as principal promoters.

The company has been mandated to upgrade and modernise the Indira Gandhi International Airport in New Delhi.

“The development fee, which is being levied purely on an ad hoc
basis, is inclusive of all applicable taxes and is for a period of 36
months only,” an official communique from the civil aviation ministry
said.

The government or the designated regulator will determine the final
development fee, based on final cost estimates presented by the
developer, for which Aug 31 has been set as the deadline, the
communique said.

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