Special Additional Excise Duty on production of Petroleum Crude and export of Aviation Turbine Fuel - Reduction in SAED - Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022. - 03/2023 - Central Excise - Tariff
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Special Additional Excise Duty reduction on petroleum crude and aviation turbine fuel; substituted rates now in force. Notification amends the Special Additional Excise Duty entries in the principal notification by substituting the column (4) entries to state Rs. 1,900 per tonne for petroleum crude and Rs. 3.50 per litre for aviation turbine fuel, exercising powers under the Central Excise Act and the Finance Act and stating that the substituted rates shall come into force on 17 January 2023.
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Special Additional Excise Duty reduction on petroleum crude and aviation turbine fuel; substituted rates now in force.
Notification amends the Special Additional Excise Duty entries in the principal notification by substituting the column (4) entries to state Rs. 1,900 per tonne for petroleum crude and Rs. 3.50 per litre for aviation turbine fuel, exercising powers under the Central Excise Act and the Finance Act and stating that the substituted rates shall come into force on 17 January 2023.
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