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Sunday, Nov 27, 2022

Aviation Turbine Fuel

AVIATION TURBINE FUEL NEWS

Windfall taxes on crude, export of diesel up, ATF levy reintroduced

October 16, 2022 3:17 am

The revised taxes will be effective from Sunday. It also reintroduced a levy of Rs 3.5/litre on export of jet fuel, at the seventh fortnightly review of the one-off taxes on oil companies.

Govt exempts excise on Indian carriers buying ATF for foreign flights

July 09, 2022 7:16 am

However, airlines will continue to pay an 11 per cent excise duty on ATF used for flying aircraft domestically. In a notification dated July 7, the finance ministry said the exemption from both basic excise duty and special additional excise duty would be applicable retrospectively from July 1.

Another hike in ATF price, airfares set to rise

June 17, 2022 1:47 am

Jet fuel prices are revised on the 1st and 16th of every month, based on the average international price of benchmark fuel in the preceding fortnight.

Explained: Why flying is about to get 15% — or more — expensive

June 16, 2022 11:22 am

Oil Marketing Companies have raised the price of jet fuel by more than 16%. Since ATF makes up more than half the operational costs of airlines in India, they will have no choice but to pass on the increase to their customers.

As ATF price soars to new high, airfares to get dearer

April 02, 2022 9:04 am

Jet fuel prices are revised on the 1st and 16th of every month, based on the average international price of benchmark fuel in the preceding fortnight.

Jet fuel price cut by 3%, LPG reduced by Rs 10 per cylinder

April 01, 2021 10:43 am

Aviation turbine fuel (ATF) price was reduced by Rs 1,887 per kilolitre, or 3 per cent, to Rs 58,374.16 per kl in the national capital and a Rs 10 per cylinder reduction in price of domestic cooking gas LPG also came into effect.

As OMCs pass on crude price slide, jet fuel down but no pass-through for auto fuels

May 11, 2020 12:30 am

Experts say that the demand for ATF has collapsed as it is only being used for cargo transport, relief and rescue work, as well as emergency services.

Aviation turbine fuel price cut by 2.6 per cent; to cost less than petrol, diesel

October 11, 2018 1:41 pm

When the GST was introduced on July 1 last year, five commodities -- crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) -- were kept out of its purview for the time being.

Reducing ATF Cost: A special vehicle to fuel Indian carriers

August 12, 2015 2:43 am

AAI has already held a round of consultations with senior officials from the Ministry of Petroleum & Natural Gas, IOC, Hindustan Petroleum Corporation Limited and Bharat Petroleum Corporation Limited.

ATF price hiked by 7.5 per cent; non-subsidised LPG by Rs 10.50

June 01, 2015 3:49 pm

On May 1, ATF price was hiked by a marginal Rs 272 per kl or 0.5 per cent to Rs 49,609.84.

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