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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....ure 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 ₹ 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 Excise Notifica....

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....s 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 ₹ 2/- per litre [Sl. 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 02.02.2018 Exemption from Road and Infrastructure Cess on 5% ethanol blende....