India: Govt cuts excise duty on ATF to 11%

New Delhi, Oct 10 (PTI) The government Wednesday cut excise duty on jet fuel or ATF to 11 per cent from current 14 per cent in a bid to give relief to the aviation industry that has been hit hard by high fuel prices.

A notification issued by the Revenue Department of the Finance Ministry said the duty change would "come into force with effect from the 11th day of October, 2018.