Special Additional Excise Duty on production of Petroleum Crude and export of Aviation Turbine Fuel - change in rates - Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to - 34/2022 - Central Excise - Tariff
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Special Additional Excise Duty amended for petroleum crude and ATF, establishing revised rate structure and coming into force mid-October. Government amends the principal Central Excise notification to substitute new entries in the Table: replacing the rate for production of petroleum crude (S. No. 1) with a revised per tonne duty and replacing the rate for export of Aviation Turbine Fuel (S. No. 2) with a revised per litre duty, effected under statutory tax powers and specifying the date the revisions come into force.
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Provisions expressly mentioned in the judgment/order text.
Special Additional Excise Duty amended for petroleum crude and ATF, establishing revised rate structure and coming into force mid-October.
Government amends the principal Central Excise notification to substitute new entries in the Table: replacing the rate for production of petroleum crude (S. No. 1) with a revised per tonne duty and replacing the rate for export of Aviation Turbine Fuel (S. No. 2) with a revised per litre duty, effected under statutory tax powers and specifying the date the revisions come into force.
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