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of <h1>Govt Amends Excise Duty for Petroleum Crude and Aviation Fuel; New Rate Rs. 1,600/Tonne Effective July 15, 2023.</h1> The Central Government has amended Notification No. 18/2022-Central Excise, dated July 19, 2022, concerning the production of petroleum crude and export of aviation turbine fuel. Under this amendment, the entry for S. No. 1 in the notification's table is revised to 'Rs. 1,600 per tonne.' This amendment, issued by the Ministry of Finance (Department of Revenue), will take effect on July 15, 2023. The original notification was previously amended on May 15, 2023.
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