BUDGET 2018-19 - Central Excise - Imposition of Road and Infrastructure Cess on Petrol and Diesel - Exemption from Road Cess on Petrol, Diesel, Ethanol-blended Petrol and Bio-Diesel Central Excise Notifications Nos. 01/2018-CE to 16/2018-CE, all dated 02.02.2018 - Communication thereof

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....on of Road and Infrastructure Cess on Petrol and Diesel - Exemption from Road Cess on Petrol, Diesel, Ethanol-blended Petrol and Bio-Diesel Central Excise Notifications Nos. 01/2018-CE to 16/2018-CE, all dated 02.02.2018 - Communication thereof - Reg. In the Budget 2018-19, "Road and Infrastructure Cess" on motor spirit commonly known as petrol and high speed diesel falling under Chapter 2710 at the rate of Rs. 8/- per litre has been levied [Clause 110 read with Sixth Schedule of the Finance Bill, 2018 refers]. Further, the said levy will come into effect immediately owing to a declaration under the Provisional Collection of Taxes Act, 1931. 2.0 Further, the Central Board of Excise & Customs [CBEC] has issued the following Central Exc....

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....nce Bill, 2018. 8. 8/2018-CE 02.02.2018 Provides for exemption from payment of Road Cess on Diesel till the enactment of Finance Bill, 2018. 9. 9/2018-CE 02.02.2018 Amends Notification No. 11/2017-CE dated 30.06.2017 so as to [i] reduce the rate of Excise Duty on petrol and diesel by Rs. 2/-per litre [SI.Nos.2&3 of the table] and [ii] to include Road and Infrastructure Cess for ethanol-blended petrol and bio-diesel in the explanation of "appropriate duty of excise" in Sl.Nos.4 to 6 of the table. 10. 10/2018-CE 02.02.2018 Exemption of 50% from BED, Special AED and Road and Infrastructure Cess on clearances of petrol and diesel from 4 specified refineries in North East. 11. 11/2018-CE 02.02.2....