Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
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The Central Government amends the existing Central Excise notification to revise the Special Additional Excise Duty rates on exports of petrol and diesel outside India. The table in the principal notification is updated by substituting the applicable rates for the two serial entries, setting them at Rs 1.5 per litre and Rs 13.5 per litre respectively. The amended rates take effect from 1 June 2026.
The Central Government amends the existing Central Excise notification to revise the Special Additional Excise Duty rates on exports of petrol and diesel outside India. The table in the principal notification is updated by substituting the applicable rates for the two serial entries, setting them at Rs 1.5 per litre and Rs 13.5 per litre respectively. The amended rates take effect from 1 June 2026.
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