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excise rate on diesel

Mangesh khedkar

How impact on light diesel oil of new excise rate after budget 2015.

New Excise Rates for Light Diesel Oil: Unbranded at 10.26/L & Branded at 12.62/L Post-2015 Budget A query was raised regarding the impact of the new excise rate on light diesel oil following the 2015 budget. The response clarified that from March 1, 2015, the duty rate for light diesel oil is set at 10.26 per liter for unbranded oil, comprising a Cenvat of 4.26 per liter and an Additional Excise Duty (AED) of 6.00 per liter. For branded oil, the rate is 12.62 per liter, with a Cenvat of 6.62 per liter and AED of 6.00 per liter. (AI Summary)
Central Excise
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