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Govt exempts excise duty on ATF for Indian carriers flying overseas
short by Apurva Bharadwaj / on Sunday, 10 July, 2022
The government has exempted excise duty on Aviation Turbine Fuel (ATF) for domestic airlines flying overseas. This has brought domestic carriers at par with international airlines. However, airlines will continue to pay 11% excise duty on ATF for flying domestically. Exemption from basic and special additional excise duty would be applicable retrospectively from July 1, Finance Ministry said.