Exempt Aviation Turbine Fuel from special additional excise duty
Seeks to exempt Aviation Turbine Fuel, from the whole of the Special Additional Excise Duty- Notification No.09/2022-Central Excise
G.S.R. ……(E). -In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 of 1944) read with section 147 of Finance Act, 2002 (20 of 2002), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts Aviation Turbine Fuel, falling under the Heading 2710 of the Fourth Schedule of the Central Excise Act, 1944 (1 of 1944) from the whole of the Special Additional Excise Duty leviable thereon under section 147 of the Finance Act, 2002 (20 of 2002).
2.Nothing contained in this notification shall apply to the goods cleared for export.
3.This notification shall come into force on the 1st day of July, 2022.
Also Read:
- Prescribe rates of Special Additional Excise Duty for exports of petrol and diesel
- Amend the eighth schedule to Finance Act 2022 to prescribe Special Additional Excise Duty ON Crude Petroleum and ATF circular and notification
