Govt cuts excise duty on jet fuel to 11 pc from current 14 pc

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Business News

Oct 11, 2018

6:37AM

Govt cuts excise duty on jet fuel to 11 pc from current 14 pc

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The government today cut excise duty on jet fuel 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 excise duty on aviation turbine fuel, ATF change will come into force with effect from tomorrow.