Special additional duty of excise on motor spirit and high speed diesel increased under Finance Act amendment. The Finance Act, 2002 is amended by substituting the column (3) entries in the Eighth Schedule: Item No. 1 (motor spirit) and Item No. 2 (high speed ... Summary
Special additional duty of excise on motor spirit and high speed diesel increased under Finance Act amendment.
The Finance Act, 2002 is amended by substituting the column (3) entries in the Eighth Schedule: Item No. 1 (motor spirit) and Item No. 2 (high speed diesel oil) are replaced with higher per litre rates, thereby increasing the special additional duty of excise applicable to those fuels.
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