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of <h1>Indian Government Raises Excise Duty on Petrol and Diesel Effective December 17, 2015, via Notification No. 46/2015</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 46/2015-Central Excise to amend Notification No. 12/2012-Central Excise dated March 17, 2012. Effective December 17, 2015, this amendment increases the Basic Excise Duty rates on both unbranded and branded petrol and diesel. The revised duty rates are Rs. 7.36 and Rs. 8.54 per litre for petrol, and Rs. 5.83 and Rs. 8.19 per litre for diesel, as specified in the notification. This change is enacted in the public interest under the authority of the Central Excise Act, 1944.
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