ATF Excise Cut to 11% from 14% to Check Price

[Notification No. 22/2018-Central Excise dated 10 October 2018]

Seeks to amend notification No. 11/2017-Central Excise dated 30th June, 2017 in order to reduce Central Excise duty rates on Aviation Turbine Fuel.

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 11/2017-Central Excise, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 793(E), dated the 30th June, 2017, namely:-

In the said notification, in the TABLE, after S. No. 7 and the entries relating thereto, the following serial number and the entries shall be inserted, namely: -

(1)	(2)	(3)	(4)
“7A	2710 19 20	Aviation Turbine Fuel	11%”

2. This notification shall come into force with effect from the 11th day of October, 2018.

[F.No.354/383/2018-TRU]