Central excise duty rates for petroleum products are revised through successive amendments and schedule entries. The Eighth Schedule prescribes central excise duty rates for specified petroleum products, including motor spirit, high speed diesel oil, aviation turbine fuel and petroleum crude. The schedule functions as a rate-setting mechanism, with duty expressed per litre for fuel products and per tonne for petroleum crude. The notes record later substitutions, insertions and rescission of entries, showing a staged pattern of duty revision through amendment notifications and finance legislation.
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Provisions expressly mentioned in the judgment/order text.
Central excise duty rates for petroleum products are revised through successive amendments and schedule entries.
The Eighth Schedule prescribes central excise duty rates for specified petroleum products, including motor spirit, high speed diesel oil, aviation turbine fuel and petroleum crude. The schedule functions as a rate-setting mechanism, with duty expressed per litre for fuel products and per tonne for petroleum crude. The notes record later substitutions, insertions and rescission of entries, showing a staged pattern of duty revision through amendment notifications and finance legislation.
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