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of <h1>India Exempts Petrol from Additional Duty Exceeding Rs. 6/Litre in 2015, Later Rescinded in 2018 u/s 5A.</h1> The Government of India, through the Ministry of Finance, issued Notification No. 10/2015-Central Excise on March 1, 2015, to exempt motor spirit, commonly known as petrol, from the additional duty of excise exceeding 6 rupees per litre. This exemption was enacted under the authority of section 111 of the Finance (No.2) Act, 1998, and section 5A of the Central Excise Act, 1944. The notification was later rescinded by Notification No. 01/2018-Central Excise, dated February 2, 2018.
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