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| 1. |
The government reduced excise duty on jet fuel to _____ % from current 14%. |
| Answer» The government reduced excise duty on jet fuel to 11 % from current 14 % inorder to help the aviation industry that has been affected badly by high fuel prices. The Revenue Department of the Finance Ministry has notified that the excise duty on aviation turbine fuel (ATF) change will come to effect from 12th October 2018. | |