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of <h1>India Raises Road and Infrastructure Cess on Fuel by Rs. 1 Per Litre Effective March 14, 2020.</h1> The Government of India has issued Notification No. 15/2020-Customs, amending Notification No. 18/2019-Customs dated 6th July 2019. The amendment increases the effective rate of the Road and Infrastructure Cess (RIC) collected as an additional duty of customs on petrol and diesel by Rs. 1 per litre, changing the rate to Rs. 10 per litre. This change is enacted under the authority of section 111 of the Finance Act, 2018, and section 25 of the Customs Act, 1962. The new rates will be effective from 14th March 2020.
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