Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Act Updates: Revised Duty Rates for Petrol, Diesel, Crude, and Aviation Fuel under Eighth Schedule</h1> The Eighth Schedule of the Finance Act, 2002, outlines the rates of duty for various petroleum products. Motor spirit, commonly known as petrol, is taxed at 18 per litre, while high-speed diesel oil is taxed at 12 per litre. Petroleum crude is taxed at 23,250 per tonne, and aviation turbine fuel is taxed at 12 per litre. These rates have been updated by subsequent amendments, including changes made by the Finance Act, 2020, and notifications in 2022, with some provisions later rescinded by a 2024 notification.
TaxTMI 
TaxTMI 
