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Indian Government cuts excise duty on jet fuel


Devdiscourse News Desk newdelhi India
Updated: 11-10-2018 01:24 IST
Indian Government cuts excise duty on jet fuel

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."  (Image Credit: Twitter)

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."

(With inputs from agencies.)

COUNTRY : India

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