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of <h1>Excise Duty on Petrol and Diesel Set at 8 per Litre in Finance Bill 2018, Sections 109 and 110</h1> The Sixth Schedule of the Finance Bill, 2018, outlines the excise duty rates for specific goods as referenced in sections 109 and 110. It lists motor spirit, commonly known as petrol, and high-speed diesel oil, both taxed at a rate of 8 per litre. This schedule forms part of the statutory provisions related to taxation under the specified legislation.
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