The CBIC vide Notification No. 09/2022- Central Excise dated June 30, 2022 has issued the exemption of Special Additional Excise Duty (“SAED”) leviable under Section 147 of the Finance Act, 2002 (“the Finance Act”) on Aviation Turbine Fuel falling under heading 2709 of the Fourth Schedule to the Central Excise Act, 1944, w.e.f. July 1, 2022.
Further, it has been clarified that, such exemption shall not be applicable on the goods cleared for export.
The Notification can be accessed at: https://taxinformation.cbic.gov.in/view-pdf/1009404/ENG/Notifications
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