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of This notification amends the previous Notification No. 18/2022-Central Excise to reduce the Special Additional Excise Duty on production of Petroleum Crude from the existing rate to Rs. 2100 per tonne. The amendment is made by the Ministry of Finance under the Central Excise Act, 1944, and the Finance Act, 2002, citing public interest as the reason. The notification comes into force on 17th August, 2024.
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