Exemption to the excisable goods - Prescribe rates of SAED for exports of petrol and diesel Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022, to reduce the Special Additional Excise Duty on Diesel. - 43/2022 - Central Excise - Tariff
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Special Additional Excise Duty on diesel adjusted to lower prescribed rate by amendment to notification, effective immediately. Amendment of excise notification prescribes a revised Special Additional Excise Duty rate for diesel exports by substituting the column (4) entry against the specified serial number in the principal notification, thereby changing the SAED applicable to diesel exports; the government invoked its excise and finance powers citing public interest, and the amendment takes effect the day after notification publication as a further amendment to the earlier notification.
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Provisions expressly mentioned in the judgment/order text.
Special Additional Excise Duty on diesel adjusted to lower prescribed rate by amendment to notification, effective immediately.
Amendment of excise notification prescribes a revised Special Additional Excise Duty rate for diesel exports by substituting the column (4) entry against the specified serial number in the principal notification, thereby changing the SAED applicable to diesel exports; the government invoked its excise and finance powers citing public interest, and the amendment takes effect the day after notification publication as a further amendment to the earlier notification.
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