Excise duty on high speed diesel fixed by schedule under Finance Act, establishing a specified per litre charge. The Second Schedule to the Finance Act, 1999 lists High speed diesel oil as a chargeable good and prescribes a fixed rate of duty expressed on a per litre ... Summary
Excise duty on high speed diesel fixed by schedule under Finance Act, establishing a specified per litre charge.
The Second Schedule to the Finance Act, 1999 lists High speed diesel oil as a chargeable good and prescribes a fixed rate of duty expressed on a per litre basis, identifying the item and its corresponding duty rate as the operative mechanism for taxing that fuel under the Schedule.
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