SAED on production of Petroleum Crude and export of Aviation Turbine Fuel - entries substituted - Seeks to amend Notification No. 18/2022-Central Excise, dated the 19th July, 2022 - 32/2023 - Central Excise - Tariff
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Central excise amendment updates excise duty entries for petroleum crude production and ATF export, effective end of September. The Central Government amends Notification No. 18/2022-Central Excise by substituting the Table entries: against S. No. 1, column (4) is replaced with Rs. 12,100 per tonne; against S. No. 2, column (4) is replaced with Rs. 2.50 per litre. The amendment is effected under section 5A of the Central Excise Act read with section 147 of the Finance Act and is declared to be in the public interest. The substitution takes effect on 30th September, 2023, and references the principal notification and its last amendment.
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Central excise amendment updates excise duty entries for petroleum crude production and ATF export, effective end of September.
The Central Government amends Notification No. 18/2022-Central Excise by substituting the Table entries: against S. No. 1, column (4) is replaced with Rs. 12,100 per tonne; against S. No. 2, column (4) is replaced with Rs. 2.50 per litre. The amendment is effected under section 5A of the Central Excise Act read with section 147 of the Finance Act and is declared to be in the public interest. The substitution takes effect on 30th September, 2023, and references the principal notification and its last amendment.
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