Change in SAED on production of Petroleum Crude and export of ATF - Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022. - 36/2023 - Central Excise - Tariff
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Excise exemption amendment changes tariff entries for petroleum crude and ATF exports, modifying applicable rates. Amendment revises tariff entries in the Table to Notification No. 18/2022-Central Excise by substituting a new per-tonne entry for the first serial number and a new per-litre entry for the second serial number, changing the excise tariff treatment for the specified petroleum products; the substitutions take effect from 1 November 2023 under the cited statutory powers.
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Excise exemption amendment changes tariff entries for petroleum crude and ATF exports, modifying applicable rates.
Amendment revises tariff entries in the Table to Notification No. 18/2022-Central Excise by substituting a new per-tonne entry for the first serial number and a new per-litre entry for the second serial number, changing the excise tariff treatment for the specified petroleum products; the substitutions take effect from 1 November 2023 under the cited statutory powers.
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