Seeks to further amend notification No 12/2012-Central Excise dated 17.03.2012 so as to increase the Basic Excise Duty rates on Petrol and Diesel(both unbranded and branded) - 2/2016 - Central Excise - Tariff
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Increase in Basic Excise Duty on petrol and diesel via amendment to tariff notification, effective mid-January. Substitutes revised Basic Excise Duty entries in the table of Notification No.12/2012-Central Excise at serial numbers 70 and 71, replacing column (4) rates for items (i) and (ii) to increase duties on petrol and diesel (branded and unbranded). Made under section 5A of the Central Excise Act, 1944, the amendments take effect from 16 January 2016 and further amend the principal notification and its prior amendment.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Increase in Basic Excise Duty on petrol and diesel via amendment to tariff notification, effective mid-January.
Substitutes revised Basic Excise Duty entries in the table of Notification No.12/2012-Central Excise at serial numbers 70 and 71, replacing column (4) rates for items (i) and (ii) to increase duties on petrol and diesel (branded and unbranded). Made under section 5A of the Central Excise Act, 1944, the amendments take effect from 16 January 2016 and further amend the principal notification and its prior amendment.
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