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FinMin Exempts Excise Duty, On ATF Purchases By Indian Carriers For Overseas Flights

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The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies. In a notification, the ministry said that ATF supplied as fuel to domestic carriers

The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies. In a notification, the ministry said that ATF supplied as fuel to domestic carriersThe Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies. In a notification, the ministry said that ATF supplied as fuel to domestic carriers

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