New Delhi: Aviation Turbine Fuel (ATF), used in aircraft, costs less than petrol and diesel as the common man auto fuels attract higher excise duty levy, Oil Minister Dharmendra Pradhan said today.
While jet fuel (ATF) in Delhi costs Rs 46,513.03 per kilolitre or Rs 46.51 per litre, petrol is priced at Rs 57.31 a litre. Diesel costs Rs 46.62 a litre.
“Retail selling price of ATF is cheaper than petrol and diesel primarily due to higher excise duty levied by the central government on petrol and diesel in comparison to ATF,” he said in a written reply to a question in Rajya Sabha here.
After four duty hikes totalling Rs 7.98 per litre since November, petrol now attracts the highest ever excise rate of Rs 16.95 per litre. Excise duty on diesel is Rs 9.96 per litre. On the other hand, ATF attracts 8 per cent duty.
25/02/15 PTI/Financial Express
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While jet fuel (ATF) in Delhi costs Rs 46,513.03 per kilolitre or Rs 46.51 per litre, petrol is priced at Rs 57.31 a litre. Diesel costs Rs 46.62 a litre.
“Retail selling price of ATF is cheaper than petrol and diesel primarily due to higher excise duty levied by the central government on petrol and diesel in comparison to ATF,” he said in a written reply to a question in Rajya Sabha here.
After four duty hikes totalling Rs 7.98 per litre since November, petrol now attracts the highest ever excise rate of Rs 16.95 per litre. Excise duty on diesel is Rs 9.96 per litre. On the other hand, ATF attracts 8 per cent duty.
25/02/15 PTI/Financial Express
