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Tag "ATF"

Arunachal Pradesh slashes VAT on aviation fuel

Arunachal Pradesh slashes VAT on aviation fuel

🕔18:09, 12.Apr 2022

New Delhi, April 12 (IANS) Arunachal Pradesh on Tuesday announced a reduction in Value Added Tax on Air Turbine Fuel from 20 per cent to 1 per cent. “The Governor of Arunachal Pradesh is hereby, pleased to reduce the rate of

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Airline industry calls for rationalisation of ATF taxes

Airline industry calls for rationalisation of ATF taxes

🕔11:02, 17.Mar 2022

New Delhi, March 17 (IANS) India’s domestic airlines have called for rationalisation of taxes on jet fuel to counter the massive rise in fuel prices. On Wednesday, high crude oil prices led OMCs to hike ATF prices to more than Rs

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Air travel to get costlier as jet fuel prices rise further

Air travel to get costlier as jet fuel prices rise further

🕔07:00, 17.Feb 2022

New Delhi, Feb 17 (IANS) Air travel is expected to get costlier as oil marketing companies on Wednesday raised the aviation turbine fuel (ATF) prices for the second time in February. In the national capital, the price of jet fuel was

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Will discuss bringing ATF in GST in next Council meet: FM

Will discuss bringing ATF in GST in next Council meet: FM

🕔11:45, 7.Feb 2022

New Delhi, Feb 7 (IANS) Union Finance Minister Nirmala Sitharaman on Sunday said she will take up the issue of inclusion of Aviation Turbine Fuel under GST at the next meeting of the GST Council. She was speaking at an event

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Budget FY23: Reduce central excise on ATF to 5%, says IndiGo

Budget FY23: Reduce central excise on ATF to 5%, says IndiGo

🕔07:13, 20.Jan 2022

New Delhi, Jan 20 (IANS) Airline major IndiGo on Wednesday urged the Centre to reduce central excise on jet fuel to 5 per cent from 11 per cent in the Union Budget FY23, to be tabled in the Parliament on February

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Essar expands UK aviation footprint; begins ATF supply at Cardiff Airport

Essar expands UK aviation footprint; begins ATF supply at Cardiff Airport

🕔21:26, 4.Aug 2021

New Delhi, Aug 4  Essar Oil (UK) Limited, which owns and operates the Stanlow Manufacturing Complex at Ellesmere Port, the UK, announced on Wednesday that it has begun supplying jet fuel directly to airlines at the Cardiff Airport, with new

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Jet fuel prices expected to remain low, says ICRA

Jet fuel prices expected to remain low, says ICRA

🕔17:25, 8.Sep 2020

New Delhi, Sep 8 Subdued crude oil prices, on account of the Covid-19 outbreak, are expected to keep the cost of air turbine fuel (ATF) low, ratings agency ICRA said on Monday. “The prolonged shutdown of manufacturing activities in several countries

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Petrol, diesel prices go for a longer pause; LPG, ATF rises

Petrol, diesel prices go for a longer pause; LPG, ATF rises

🕔12:25, 1.Jul 2020

New Delhi, July 1  Fuel prices seem to have gone for a longer pause after rising for 22 of the past 25 days as oil marketing companies (OMC) kept the pump prices of petrol and diesel unchanged again on Wednesday.

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Aviation fuel prices raised second time in June

Aviation fuel prices raised second time in June

🕔18:07, 16.Jun 2020

New Delhi, June 16 Oil marketing companies raised the aviation turbine fuel (ATF) prices for the second time in a month on Tuesday. In the national capital, the price of jet fuel was raised by Rs 5,494.5 to Rs 39,069.87 per

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Fuel consumption declines in April, ATF falls over 90% as airlines remain grounded

Fuel consumption declines in April, ATF falls over 90% as airlines remain grounded

🕔16:26, 11.May 2020

New Delhi, May 11  The nationwide lockdown to contain Covid-19 outbreak is seriously denting fuel demand in world’s third biggest consuming nation putting a question mark on sustenance of recent surge in global oil prices. In April, fuel consumption fell

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Necessary ecosystem led to 20% growth in civil aviation sector: Official

Necessary ecosystem led to 20% growth in civil aviation sector: Official

🕔10:39, 10.Apr 2018

New Delhi, April 10  The Narendra Modi government has put the “necessary ecosystem” in place in terms of the infrastructure, licencing and regulatory regime which has enabled the civil aviation sector to grow at 20 per cent, a senior official

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