New Delhi, May 31 (IANS) The Central government has revised export levies on petrol, diesel and aviation turbine fuel (ATF) for the fortnight beginning June 1.The duty has been set at Rs 1.5 per litre on petrol exports, Rs 13.5 per litre on diesel exports and Rs 9.5 per litre on ATF exports, as per an official notification. However, the Centre has left excise duty rates on petrol and diesel sold in the domestic market unchanged.According to the notification, the revised rates have been prescribe…
Latest Aviation Turbine Fuel (ATF) News & Updates
New Delhi, May 17 (IANS) Welcoming the Delhi government’s decision to reduce Value Added Tax (VAT) on Aviation Turbine Fuel (ATF) from 25 per cent to 7 per cent, Union Civil Aviation Minister Ram Mohan Naidu said the move would provide much-needed support to airlines amid global cost pressures and help ensure affordable connectivity for passengers.In a statement, the minister appreciated the “timely decision” taken by Delhi Chief Minister Rekha Gupta and the Delhi government, saying the re…
New Delhi, April 7 (IANS) Air India on Tuesday announced a revision in fuel surcharge across domestic and international routes amid a rise in global jet fuel prices.For domestic routes, the airline said it will shift from a flat surcharge to a distance-based structure, effective from Wednesday.The revised surcharge will range from Rs 299 for flights up to 500 kms to Rs 899 for sectors above 2,000 kms.The move follows the government’s decision to cap the increase in domestic Aviation Turbine Fu…
New Delhi, April 1 (IANS) State-owned oil marketing companies (OMCs) on Wednesday made substantial revisions to prices of both aviation turbine fuel (ATF) and commercial LPG, with rates surging sharply — including a more-than-doubling in jet fuel prices — tracking a spike in global oil prices amid the escalating West Asia conflict.Jet fuel prices more than doubled to a record high, while commercial LPG rates also rose significantly, adding to cost pressures across sectors.The price of ATF in D…