SAED - reduce SAED on production of Petroleum Crude and increase Duty on export of ATF - Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022. - 28/2023 - Central Excise - Tariff

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Excise duty amendment reduces SAED on crude and raises export duty on aviation turbine fuel, effective 2 September. The notification amends Notification No. 18/2022-Central Excise by substituting column (4) entries: against S. No. 1 'Rs. 6,700 per tonne' and against S. No. 2 'Rs. 4 per litre'; enacted under section 5A of the Central Excise Act, 1944 read with section 147 of the Finance Act, 2002, and effective from 2 September 2023.

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Excise duty amendment reduces SAED on crude and raises export duty on aviation turbine fuel, effective 2 September.

The notification amends Notification No. 18/2022-Central Excise by substituting column (4) entries: against S. No. 1 "Rs. 6,700 per tonne" and against S. No. 2 "Rs. 4 per litre"; enacted under section 5A of the Central Excise Act, 1944 read with section 147 of the Finance Act, 2002, and effective from 2 September 2023.

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SAED - reduce SAED on production of Petroleum Crude and increase Duty on export of ATF - Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022. - 28/2023 - Central Excise - Tariff

Excise duty amendment reduces SAED on crude and raises export duty on aviation turbine fuel, effective 2 September.

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SAED - reduce SAED on production of Petroleum Crude and increase Duty on export of ATF - Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022. - 28/2023 - Central Excise - Tariff

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Excise duty amendment reduces SAED on crude and raises export duty on aviation turbine fuel, effective 2 September.

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