Domestic air fares may rise as airlines claim GST raised cost of operations

Indian airlines are seeking relief under the goods and services tax (GST) regime, which they say has added significantly to costs in an industry struggling with lower yields and could lead to higher fares. “New levies under GST are set to cause a burden of Rs 4,750 crore for us, thus increasing our cost of operations, which has the potential to make the airline industry sick,” said a senior airlin…