CBIC notifies 14% Excise Duty on Blended Aviation Turbine Fuel

The CBIC issued Notification No. 26/2024-Central Excise dated October 23, 2024, amending the Fourth Schedule of the Central Excise Act, 1944, regarding mineral products under Chapter 27. The amendments include revised Supplementary Notes, clarifying that any reference to Bureau of Indian Standards (BIS) refers to the latest version of the standards. It also defines “Blended Aviation Turbine Fuel” as aviation fuel with 70% or more petroleum oils blended with synthesized hydrocarbons conforming to IS 17081:2019 standards. Additionally, a new tariff item, “Blended Aviation Turbine Fuel” (2710 19 33), has been added with a 14% excise duty, effective from the date of the notification’s publication in the Official Gazette.

In exercise of the powers conferred by section 3C of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the Fourth Schedule to the said Act, namely: –

In the said Act, in the Fourth Schedule, under the heading “MINERAL PRODUCTS”, in Chapter 27, –

(i) for the SUPPLEMENTARY NOTES, the following Supplementary Notes shall be substituted, namely: –

‘Supplementary Notes:

1. In this Chapter, reference to any standard of the Bureau of Indian Standards refers to the last published version of that standard.

Illustration: IS 1459 refers to IS 1459: 2018 and not to IS 1459: 1974.

2. For the purposes of tariff item 2710 19 33, the term “Blended Aviation turbine fuel” means any Aviation turbine fuel containing by weight 70% or more of Petroleum Oils or Oils obtained from Bituminous Minerals, blended with Synthesized Hydrocarbons conforming to Indian Standards Specification of Bureau of Indian Standards IS 17081:2019;’;

(ii) in the table, under the sub-heading 2710 19, after tariff item 2710 19 32 and the entries relating thereto, the following shall be inserted, namely: –

This notification shall come into force on the date of its publication in the Official Gazette.

The Notification can be accessed at: https://a2z-bucket.s3.ap-south-1.amazonaws.com/ce26-2024.pdf