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Aviation Turbine Fuel

ATF to be Taxed under GST Soon, Oil Minister Hardeep Singh Puri hints

Manu Sharma

Union Oil Minister Hardeep Singh Puri, in the lead-up to India Energy Week 2025, suggested that Aviation Turbine Fuel ( ATF ) may soon be included...

No Agreement to Bring ATF under GST Ambit: 55th GST Council

Major Relief to Airlines: UP Govt Reduces VAT on ATF to 1%

GST for Natural Gas? Petroleum Ministry Recommends Inclusion of Natural Gas Under GST to Finance...

DGFT Import Policy - ITC HS Code Revision - Indian Import Policy Changes - taxscan

DGFT Revises ITC (HS) 2022 Import Policy in Sync with Finance Act 2024 [Read Notification]

Finance Ministry Reduces Excise Duty on Blended Aviation Fuel for UDAN Regional Connectivity Flights [Read Notification]

The Ministry of Finance, specifically the Department of Revenue, has issued Notification No. 27/2024-Central Excise, dated October 28, 2024. This notification has amended the excise duty rates on...

Govt reduces Windfall Tax on Petroleum Crude, Diesel, and ATF to ‘Nil’ Rate Effective from Today [Read Notification]

On September 18, 2024, the Indian Government officially abolished the windfall tax on Petroleum Crude, Diesel, and Aviation Turbine Fuel (ATF), as announced in a recent notification. The Special...

Govt reduces Windfall Tax - Petroleum Crude - Diesel - ATF - TAXSCAN

Central Govt slashes Windfall Tax on Domestically Produced Crude Oil to Rs 2,100 per tonne [Read Notification]

The Indian government has made a significant reduction in the windfall tax imposed on domestically produced crude oil, lowering it to ₹2,100 per tonne from the previous rate of ₹4,600 per tonne. ...

Windfall tax - Windfall tax reduction - Crude oil tax India - Crude oil tax - Indian government tax cut - Crude oil windfall tax - taxscan

TAAI seeks Industry Status for Travel Agents, demands GST Rate Rationalisation for Tourism Sector

The Travel Agents Association of India ( TAAI ) on Monday called for the implementation of several measures to invigorate the domestic travel and tourism sector, which currently contributes 5.8% to...

Windfall Tax on Crude Petroleum Raised to ₹3,200 per Tonne: CBIC notifies

The Central government has announced an increase in the windfall tax on petroleum crude, setting it at ₹3,200 per tonne effective from February 3, 2024. This adjustment comes as a revision from the...

CBIC - Windfall Tax on Crude Petroleum - Crude Petroleum - Windfall Tax - CBIC notification on crude oil tax - Taxscan

Central Govt slashes Special Additional Excise Duties on Diesel and Crude Oil Exports

In a recent announcement on December 18, the government has significantly reduced the windfall profit tax on domestically produced crude oil and diesel exports. This move involves a noteworthy cut in...

Special Additional Excise Duties - Central Government - Diesel - Crude Oil - Crude Oil Export - profit tax - taxscan

Centre Halves Diesel Tax, Sets Windfall Tax on Crude at Rs. 6,300 [Read Notification]

The Ministry of Finance, vide notification no. No. 38/2023-Central Excise and 39/2023-Central Excise issued on 16th November 2023 has notified the reduction in the windfall tax of crude and diesel. ...