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) - 4/2016 - Central Excise - Tariff
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Basic Excise Duty increase on petrol and diesel announced, substituting higher tariff entries effective 31 January 2016. Amendment increases the Basic Excise Duty on petrol and diesel by substituting higher per litre rates for the entries in serial numbers 70 and 71 of the tariff table in Notification No.12/2012 Central Excise, with the change taking effect from 31 January 2016.
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Basic Excise Duty increase on petrol and diesel announced, substituting higher tariff entries effective 31 January 2016.
Amendment increases the Basic Excise Duty on petrol and diesel by substituting higher per litre rates for the entries in serial numbers 70 and 71 of the tariff table in Notification No.12/2012 Central Excise, with the change taking effect from 31 January 2016.
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