Tag: excise
Posted in Excise
ATF used on overseas flights by Indian carriers is exempt from excise charge
On Friday, the government waived the 11% excise tax on aviation turbine fuel (ATF) purchased from oil marketing firms by domestic airlines operating overseas flights….
Posted in GST
gst news: 5 years of GST: The irritants that we need to iron out
The noble intention of GST legislation was to replace multiple indirect taxes into single uniform tax law across the nation so as to relieve tax…