Excise duty exemption for specified petroleum products and blended fuels with differentiated rates, time-bound aviation concessions, and duty computation rules. Exemption is granted from excise duty on specified petroleum products and blended fuels to the extent duty exceeds the rates in the Table. The notification differentiates between petrol, high speed diesel, aviation turbine fuel, liquefied natural gas, natural gas, and compressed natural gas blended with biogas or compressed biogas, with rates fixed by product type, use, brand status, and blending composition. It also provides route-specific and time-limited concessions for aviation turbine fuel under the Regional Connectivity Scheme, together with explanations on duty computation and the meaning of the relevant taxes.
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Provisions expressly mentioned in the judgment/order text.
Excise duty exemption for specified petroleum products and blended fuels with differentiated rates, time-bound aviation concessions, and duty computation rules.
Exemption is granted from excise duty on specified petroleum products and blended fuels to the extent duty exceeds the rates in the Table. The notification differentiates between petrol, high speed diesel, aviation turbine fuel, liquefied natural gas, natural gas, and compressed natural gas blended with biogas or compressed biogas, with rates fixed by product type, use, brand status, and blending composition. It also provides route-specific and time-limited concessions for aviation turbine fuel under the Regional Connectivity Scheme, together with explanations on duty computation and the meaning of the relevant taxes.
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