Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to reduce the Special Additional Excise Duty on production of Petroleum Crude - 20/2024 - Central Excise - Tariff
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Special Additional Excise Duty reduction on petroleum crude enacted, altering per tonne levy and taking effect imminently. The notification amends Notification No. 18/2022 Central Excise by substituting the entry for the per tonne levy against the relevant serial number, thereby reducing the Special Additional Excise Duty on production of petroleum crude; the Central Government exercises statutory powers under the Central Excise Act and the Finance Act and specifies the amendment's date of coming into force.
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Special Additional Excise Duty reduction on petroleum crude enacted, altering per tonne levy and taking effect imminently.
The notification amends Notification No. 18/2022 Central Excise by substituting the entry for the per tonne levy against the relevant serial number, thereby reducing the Special Additional Excise Duty on production of petroleum crude; the Central Government exercises statutory powers under the Central Excise Act and the Finance Act and specifies the amendment's date of coming into force.
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