Seeks to amend the notification No. 11/2017 dated 30.06.2017 so as to reduce the rate of Basic Excise Duty (BED) on petrol diesel by ₹ 2/- per litre - 09/2018 - Central Excise - Tariff
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Basic Excise Duty reduction on petrol and diesel results in revised excise table entries and reclassifies the additional duty as a road and infrastructure cess. Amendment revises the Schedule to Notification No. 11/2017-Central Excise to reduce the Basic Excise Duty on petrol and diesel by substituting new per litre excise entries in the Table for Sl. Nos. 2 and 3, and replaces explanatory references in the Table for Sl. Nos. 4-6 to identify the additional duty as the 'additional duty of excise (Road and Infrastructure Cess)' leviable under clause 110 of the Finance Bill, 2018, enacted under the powers of section 5A of the Central Excise Act, 1944.
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.
Basic Excise Duty reduction on petrol and diesel results in revised excise table entries and reclassifies the additional duty as a road and infrastructure cess.
Amendment revises the Schedule to Notification No. 11/2017-Central Excise to reduce the Basic Excise Duty on petrol and diesel by substituting new per litre excise entries in the Table for Sl. Nos. 2 and 3, and replaces explanatory references in the Table for Sl. Nos. 4-6 to identify the additional duty as the "additional duty of excise (Road and Infrastructure Cess)" leviable under clause 110 of the Finance Bill, 2018, enacted under the powers of section 5A of the Central Excise Act, 1944.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.