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. - 11/2024 - Central Excise - Tariff
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Special Additional Excise Duty on petroleum crude increased by substituting the tariff entry, altering excise levy and taking effect. Amends the excise tariff for production of petroleum crude by substituting the Table entry for the first serial entry to set the per-tonne rate for the Special Additional Excise Duty, under powers conferred by the Central Excise Act and the Finance Act, and specifies the date the amendment comes into force.
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Provisions expressly mentioned in the judgment/order text.
Special Additional Excise Duty on petroleum crude increased by substituting the tariff entry, altering excise levy and taking effect.
Amends the excise tariff for production of petroleum crude by substituting the Table entry for the first serial entry to set the per-tonne rate for the Special Additional Excise Duty, under powers conferred by the Central Excise Act and the Finance Act, and specifies the date the amendment comes into force.
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