of blazars. Furthermore, VHE observations of blazars at cosmological distances would help in constraining the intensity and spectrum of Extragalactic Background Light (EBL), which is a very important physical quantity to understand the structure and star formation history [@Steck92]. Thus, besides their importance for study of emission mechanisms and relativistic jet dynamics, growing interest for blazar study is also motivated by the use of VHE spectra as a probe for EBL [@Ah06].

1ES 1218+304 (RA:$12^h 21^m 23.5^s$, Dec :$30^{\circ} 10^{\prime} 43.2^{\prime\prime}$) is an HSP BL Lac object located at a redshift z = 0.182 [@Bade98]. The source was discovered as a candidate BL Lac object on the basis of its X-ray emission and was identified as X-ray source 2A 1219+30.5 [@Wils79; @Ledd81]. Being an X–ray bright source, it was predicted to be a TeV candidate blazar from the position of the synchrotron peak in its SED [@Cost02].

The $HEGRA$ (High Energy Gamma Ray Astronomy) collaboration observed 1ES 1218+304 during 1996-2002 for 3.9 h and reported an upper limit of 12$\%$ of Crab nebula flux above 750 GeV [@hegra03]. The VHE emission from 1ES 1218+304 was first detected by the $MAGIC$ (Major Atmospheric Gamma ray Imaging Cherenkov) telescope in 2005 above 