{"id":504662,"date":"2022-07-11T12:59:25","date_gmt":"2022-07-11T07:29:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=504662"},"modified":"2022-07-11T13:02:22","modified_gmt":"2022-07-11T07:32:22","slug":"atf-purchases-by-indian-carriers-for-overseas-flights-exempt-from-11-excise-duty-finance-ministry","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/atf-purchases-by-indian-carriers-for-overseas-flights-exempt-from-11-excise-duty-finance-ministry\/","title":{"rendered":"ATF purchases by Indian carriers for overseas flights exempt from 11% excise duty: Finance Ministry"},"content":{"rendered":"<p>The finance ministry on Friday clarified that domestic carriers\u2019 aviation turbine fuel (ATF) purchases for international flights will remain exempted from 11% basic excise duty, ending confusion over the duty after the Centre imposed Rs 6\/litre special additional excise duty on export of the fuel from July 1.<\/p>\n<p>In a notification, the ministry said that ATF supplied as fuel to domestic carriers on international routes would continue to be exempted from basic excise duty from July 1. \u201cWhen such goods are cleared for exports or supplied as fuel to foreign going aircraft,\u201d the duty will not apply ,the ministry said in a corrigendum to its earlier order issued on June 30 that read \u201cwhen such goods are cleared for exports.\u201d<\/p>\n<p>Till the export levy was imposed on July 1, there was no issue as ATF used by domestic airlines\u2019 overseas flights were exempt from the basic excise duty along with foreign airlines refueling in India as they were deemed exports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The finance ministry on Friday clarified that domestic carriers\u2019 aviation turbine fuel (ATF) purchases for international flights will remain exempted from 11% basic excise duty, ending confusion over the duty after the Centre imposed Rs 6\/litre special additional excise duty on export of the fuel from July 1. In a notification, the ministry said that ATF supplied as fuel to domestic carriers on international routes would continue to be exempted from basic excise duty from July 1. \u201cWhen such goods are cleared for exports or supplied as fuel to foreign going aircraft,\u201d the duty will not apply ,the ministry said [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-504662","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/504662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=504662"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/504662\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=504662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=504662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=504662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}