Aviation turbine fuel exemption: duty waived on fuel in aircraft tanks subject to matching export-import quantities and conditions. Exemption grants relief from customs duty and additional duty for Aviation Turbine Fuel in tanks of aircraft of an Indian airline or the Indian Air Force when imported, subject to (i) the arriving quantity equalling the quantity previously taken out on which duty was paid, (ii) parity of duty rates at departure and arrival, and (iii) absence of drawback or rebate at departure; the notification took effect from 1 July 2017 and includes a provision limiting its effect after a stated sunset date.
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Aviation turbine fuel exemption: duty waived on fuel in aircraft tanks subject to matching export-import quantities and conditions.
Exemption grants relief from customs duty and additional duty for Aviation Turbine Fuel in tanks of aircraft of an Indian airline or the Indian Air Force when imported, subject to (i) the arriving quantity equalling the quantity previously taken out on which duty was paid, (ii) parity of duty rates at departure and arrival, and (iii) absence of drawback or rebate at departure; the notification took effect from 1 July 2017 and includes a provision limiting its effect after a stated sunset date.
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