Monday, February 29, 2016
Aviation: Excise duty on Aviation Turbine Fuel hiked from 8% to 14%
The FM also announced hike in excise duty on aviation turbine fuel to 14% from 8%. Although this was not expected, the fact that excise duty on petrol and diesel, mostly used by the common man, was much higher than ATF, hinted at the possibility of such a hike.

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