SAED on production of Petroleum Crude and export of Aviation Turbine Fuel -increase duty on production of Petroleum Crude and exempt export of Aviation Turbine Fuel - Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022. - 22/2022 - Central Excise - Tariff
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Excise duty on petroleum crude increased and export of aviation turbine fuel exempted under amended central excise notification. The Government, under section 5A of the Central Excise Act, 1944 read with section 147 of the Finance Act, 2002, amends Notification No. 18/2022 Central Excise by substituting the Table entries: replacing the column (4) entry for petroleum crude at S. No. 1 and substituting 'Nil' for the column (4) entry for aviation turbine fuel at S. No. 2. The amendment is notified as No. 22/2022 Central Excise and comes into force on 3 August 2022.
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Excise duty on petroleum crude increased and export of aviation turbine fuel exempted under amended central excise notification.
The Government, under section 5A of the Central Excise Act, 1944 read with section 147 of the Finance Act, 2002, amends Notification No. 18/2022 Central Excise by substituting the Table entries: replacing the column (4) entry for petroleum crude at S. No. 1 and substituting "Nil" for the column (4) entry for aviation turbine fuel at S. No. 2. The amendment is notified as No. 22/2022 Central Excise and comes into force on 3 August 2022.
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