Special Additional Excise Duty on production of Petroleum Crude and export of Aviation Turbine Fuel - Excise exemption - Seeks to amend Notification No.18/2022-Central Excise, dated the 19th July, 2022
Show AI Summary
Excise duty amendment revises rates for petroleum crude and aviation turbine fuel, altering statutory notification entries and taking effect imminently.
The Central Government amends Notification No. 18/2022-Central Excise to substitute the table entries: for S. No. 1, column (4) is replaced with Rs. 4,350 per tonne; for S. No. 2, column (4) is replaced with Rs. 1.50 per litre, the amendment being made under section 5A of the Central Excise Act, 1944 read with section 147 of the Finance Act, 2002 and coming into force the day after publication.