Increase the Special Additional Excise Duty on production of Petroleum Crude and reduce the Special Additional Excise Duty on export of ATF - Notif No. 18/2022-Central Excise, dated the 19th July, 2022 as amended - 30/2023 - Central Excise - Tariff
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Special Additional Excise Duty adjusted for petroleum crude production and aviation turbine fuel export, altering duty rates effective mid September. The notification amends Notification No. 18/2022-Central Excise by substituting the column (4) tariff entries: increasing the per tonne duty for production of petroleum crude and reducing the per litre duty for export of aviation turbine fuel (ATF). The change is made under the stated statutory fiscal powers and comes into force on 16 September 2023.
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Provisions expressly mentioned in the judgment/order text.
Special Additional Excise Duty adjusted for petroleum crude production and aviation turbine fuel export, altering duty rates effective mid September.
The notification amends Notification No. 18/2022-Central Excise by substituting the column (4) tariff entries: increasing the per tonne duty for production of petroleum crude and reducing the per litre duty for export of aviation turbine fuel (ATF). The change is made under the stated statutory fiscal powers and comes into force on 16 September 2023.
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