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<h1>Excise Duty Hike: Petroleum Crude Now Rs. 7,100/Tonne, Aviation Fuel Rs. 2/Litre Effective August 15, 2023.</h1> The Central Government has issued Notification No. 26/2023-Central Excise, dated August 14, 2023, amending Notification No. 18/2022-Central Excise, to increase the Special Additional Excise Duty on petroleum crude production and aviation turbine fuel exports. The amendment revises the duty to Rs. 7,100 per tonne for petroleum crude and Rs. 2 per litre for aviation turbine fuel. These changes will take effect on August 15, 2023. The notification is issued under the Central Excise Act, 1944, in conjunction with the Finance Act, 2002, as part of the government's public interest measures.