Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to exempt export of ATF from the Special Additional Excise Duty (SAED) when exported to Bhutan.
Summary: The Ministry of Finance, through Notification No. 22/2024-Central Excise dated 2nd September 2024, has amended the earlier notification No. 18/2022-Central Excise dated 19th July 2022. This amendment specifically exempts Aviation Turbine Fuel (ATF) exported to Bhutan from the Special Additional Excise Duty (SAED). The change is implemented by substituting the entry related to ATF exports in the original notification to include Bhutan as a country eligible for this exemption. The modification, made under the powers granted by the Central Excise Act, 1944, and the Finance Act, 2002, comes into effect on 3rd September 2024. The notification reflects the government’s decision to support exports to Bhutan by removing the excise duty on ATF, aligning with public interest. The principal notification has undergone previous amendments, the latest being Notification No. 21/2024-Central Excise, dated 30th August 2024.
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 22/2024-Central Excise | Dated: 2nd September 2024
G.S.R. 532(E).—In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 of 1944) read with section 147 of the Finance Act, 2002 (20 of 2002), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 18/2022-Central Excise, dated the 19th July, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 584 (E), dated the 19th July, 2022, namely:-
In the said notification, in the Table, –
(i) against S. No. 2, for the entry in column (3), the entry “Aviation Turbine Fuel, when cleared for export to countries other than Bhutan” shall be substituted;
(ii) after S. No. 2 and the entries relating thereto, the following S. No. and entries shall be inserted, namely:-
| (1) | (2) | (3) | (4) |
| “3. | 2710 | Aviation Turbine Fuel, when cleared for export to Bhutan | Nil per litre”. |
2. This notification shall come into force on the 3rd day of September, 2024.
[F. No 190354/257/2023-TRU]
AMREETA TITUS, Dy. Secy.
Note: The principal notification No. 18/2022-Central Excise, dated the 19th July, 2022 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 584 (E), dated the 19th July, 2022, and was last amended vide notification No. 21/2024-Central Excise, dated the 30th August, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 525(E), dated the 30th August, 2024.
