Thursday, October 01, 2015

Jet Fuel Price Up 5.5%

New Delhi: Aviation turbine fuel (ATF) or jet fuel price was on Thursday hiked by 5.5 per cent on global trends while rates of non-subsidised cooking gas (LPG) were cut by Rs 42 per cylinder.

Also, rates of non-subsidised kerosene were increased by Rs 54 paise to Rs 43.18 per litre.

ATF price in Delhi was raised by Rs 2245.92 per kilolitre (kl), or 5.48 per cent, to Rs 43,184.16 per kl, oil companies announced on Thursday.

The hike comes after a steep 11.7 per cent or Rs 5,469.12 per kl cut in rates to Rs 40,938.24 per kl effected from September 1, the third in straight monthly reduction. Prior to that jet fuel rate was cut by 9.4 per cent to Rs 46,407.36 on August 1 and by Rs 2,086.56 per kl to Rs 51,267.36 on July 1.

Rates vary at different airports because of differential local sales tax or value-added tax (VAT).
01/10/15 PTI/NDTV
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