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of <h1>Central Govt Amends Excise Notification to Reduce Special Additional Excise Duty on Diesel Exports to Rs.2/Litre from Nov 1.</h1> The Central Government has issued Notification No. 37/2023-Central Excise to amend Notification No. 04/2022-Central Excise, dated June 30, 2022. This amendment, effective from November 1, 2023, reduces the Special Additional Excise Duty (SAED) on diesel exports. Specifically, the duty rate in the table against serial number 2 is revised to 'Rs.2 per litre.' This change is made under the powers granted by the Central Excise Act, 1944, and the Finance Act, 2002, in the interest of public welfare.
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