Notification No. 9/2026-Central Excise exempts Aviation Turbine Fuel from Special Additional Excise Duty, except exports other than PSU exports to select nations.
Notification No. 8/2026-Central Excise prescribes an effective Special Additional Excise Duty rate of Rs. 29.5 per litre on Aviation Turbine Fuel cleared for export.
The government introduces a new special excise duty of ₹50 per litre on aviation turbine fuel. The levy applies immediately through amendment to the Finance Act schedule.
The notification sets nil duty on petrol and ₹18.5 per litre on diesel under special excise. It applies only to exports with specific exclusions for PSU oil company exports.
Notification No. 05/2026-Central Excise reduces Special Additional Excise Duty on petrol and diesel for domestic consumption; exports excluded.
Form 124 allows employees to declare tax-saving claims to employers. Filing ensures correct TDS calculation with eligible deductions.
Form 117 allows taxpayers to avoid duplicate litigation on identical legal issues. The case outcome will follow the final court ruling.
NPOs must file Form 112 if income exceeds the exemption limit. Filing is essential to claim tax exemptions under the new law.
Form 105 streamlines registration and approval for non-profits under the new tax regime. It improves compliance and enables tax benefits for organisations and donors.
Form 102 provides a mechanism to claim TDS credit where deduction and income reporting occur in different years. It ensures taxpayers do not lose legitimate credit.
