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of <h1>India Revises Excise Duty on Petroleum Products: 1.6% or Rs 246 Per Thousand; Serial Number 6 Removed</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 8/2010-CX to amend Notification No. 6/2005-Central Excise concerning petroleum products. This amendment, effective from February 27, 2010, adjusts the excise duty rates specified in the original notification. Specifically, for serial numbers 4 and 5 in the notification's table, the excise duty is revised to '1.6% or Rs 246 per thousand, whichever is higher.' Additionally, serial number 6 and its related entries have been removed. This amendment is made under the authority of the Central Excise Act, 1944, and the Finance Act, 2005.
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