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Govt cuts excise duty on ATF to 11%

A notification issued by the Revenue Department of the Finance Ministry said the duty change would "come into force with effect from the 11th day of October, 2018."
PTI
New Delhi | Posted : Oct 11 2018 2:17AM | Updated: Oct 10 2018 10:16PM
Govt cuts excise duty on ATF to 11%
Representational Pic

The government Wednesday cut excise duty on jet fuel or ATF to 11 per cent from current 14 per cent in a bid to give relief to the aviation industry that has been hit hard by high fuel prices.

A notification issued by the Revenue Department of the Finance Ministry said the duty change would "come into force with effect from the 11th day of October, 2018." 


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