{"id":22441,"date":"2022-07-08T19:04:46","date_gmt":"2022-07-08T13:34:46","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=22441"},"modified":"2022-07-08T19:04:50","modified_gmt":"2022-07-08T13:34:50","slug":"domestic-airlines-not-required-to-pay-excise-duty-on-atf-purchases-for-international-flights","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/07\/08\/domestic-airlines-not-required-to-pay-excise-duty-on-atf-purchases-for-international-flights\/","title":{"rendered":"Domestic airlines not required to pay excise duty on ATF purchases for international flights"},"content":{"rendered":"\n

India has waived the 11% basic excise charge<\/strong> on jet or aviation turbine fuel (ATF) purchased from oil marketing firms for domestic airlines operating foreign flights.<\/strong><\/p>\n\n\n\n

The Finance Ministry announced that beginning on July 1, ATF used as fuel by domestic carriers travelling abroad<\/strong> would continue to be free from basic excise charge.<\/pre>\n\n\n\n
\"India
image courtesy – scroll.in<\/figcaption><\/figure>\n\n\n\n
On the export of gasoline and aviation turbine fuel, the government imposed a special extra excise levy of Rs 6 per litre (ATF). <\/strong><\/p>\n\n\n\n
However, the local airlines had questioned whether the tax applied to their international trips.<\/p>\n\n\n\n
Oil companies believed that domestic carriers would be required to pay 11 percent basic excise duty for the ATF <\/strong>they buy for international flights if an export charge were to be imposed. <\/pre>\n\n\n\n
Due to sharp increases in ATF rates, domestic airlines are already losing money. <\/p>\n\n\n\n
With the clarification, domestic airlines are once again on par with international carriers, for whom fuel is duty-free<\/strong> in accordance with the Chicago Convention. <\/p>\n\n\n\n
\"\"
image credits to scroll.in<\/figcaption><\/figure>\n\n\n\n
The government has taken preemptive steps to waive any excise duty (basic or special) <\/strong>that would have been imposed on ATF supply to an aircraft travelling abroad “Abhishek Jain, a tax partner at KPMG, told PTI.”<\/p><\/blockquote>\n\n\n\n
For the airline industry, in particular against the backdrop of rising ATF prices, this alignment to the taxability that existed prior to the implementation of excise duty on exports is a very welcome development, Jain continued. <\/pre>\n\n\n\n
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India has waived the 11% basic excise charge on ATF purchased from oil marketing firms for domestic airlines operating foreign flights.<\/p>\n","protected":false},"author":2,"featured_media":22448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[399],"tags":[245,3843,556,2405,6404,6402,5596,5914,6403],"class_list":{"0":"post-22441","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-featured","8":"tag-atf","9":"tag-aviation-turbine-fuel","10":"tag-breaking-news","11":"tag-domestic-airlines","12":"tag-duty-free","13":"tag-excise-duty","14":"tag-foreign-flights","15":"tag-hike-in-atf-prices","16":"tag-tax"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/22441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=22441"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/22441\/revisions"}],"predecessor-version":[{"id":22450,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/22441\/revisions\/22450"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/22448"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=22441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=22441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=22441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}