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. - 18/2024 - Central Excise - Tariff
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Special Additional Excise Duty on petroleum crude increased by amendment, effective mid July, altering prior tariff notification. Amendment to Notification No. 18/2022-Central Excise substitutes the tariff table entry for the specified serial number to impose a revised Special Additional Excise Duty of Rs. 7000 per tonne on production of petroleum crude; the amendment is promulgated under statutory excise and finance powers and takes effect from 16 July 2024.
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Provisions expressly mentioned in the judgment/order text.
Special Additional Excise Duty on petroleum crude increased by amendment, effective mid July, altering prior tariff notification.
Amendment to Notification No. 18/2022-Central Excise substitutes the tariff table entry for the specified serial number to impose a revised Special Additional Excise Duty of Rs. 7000 per tonne on production of petroleum crude; the amendment is promulgated under statutory excise and finance powers and takes effect from 16 July 2024.
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