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of <h1>Govt amends Special Additional Excise Duty on petrol and diesel; new rate Rs. 0.50/litre effective Dec 19, 2023.</h1> The Central Government has amended Notification No. 04/2022-Central Excise, dated June 30, 2022, regarding the Special Additional Excise Duty on petrol and diesel. Effective December 19, 2023, the duty rate specified in the table against serial number 2 will be changed to Rs. 0.50 per litre. This amendment is issued under the authority of the Central Excise Act, 1944, and the Finance Act, 2002, and is deemed necessary in the public interest. The principal notification was last amended on November 15, 2023, under Notification No. 39/2023-Central Excise.
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