Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty on production of Petroleum Crude. - 06/2024 - Central Excise - Tariff
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Special additional excise duty increase on petroleum crude production implemented, amending the prior tariff notification. Under section 5A of the Central Excise Act, 1944 read with section 147 of the Finance Act, 2002, Notification No. 06/2024 amends the Table in Notification No. 18/2022-Central Excise by substituting the entry in column (4) against serial number 1 with a newly specified Special Additional Excise Duty rate on production of petroleum crude; the amendment takes effect from 16 February 2024.
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Special additional excise duty increase on petroleum crude production implemented, amending the prior tariff notification.
Under section 5A of the Central Excise Act, 1944 read with section 147 of the Finance Act, 2002, Notification No. 06/2024 amends the Table in Notification No. 18/2022-Central Excise by substituting the entry in column (4) against serial number 1 with a newly specified Special Additional Excise Duty rate on production of petroleum crude; the amendment takes effect from 16 February 2024.
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