Seeks to increase the effective rate of Special Additional Excise Duty on Petrol and Diesel.

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....n 147 of Finance Act, 2002 (20 of 2002), read with section 5A of the Central Excise Act, 1944 (1 of 1944) (herein after referred to as the Excise Act), the Central Government being satisfied that it is necessary in the public interest so to do, hereby exempts the excisable goods of the description specified in column (3) of the Table below and falling within the Chapter, heading or sub-heading or ....

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.... Notification No. 3/2020-Central Excise dated 13-03-2020 w.e.f. 14-03-2020 before it was read as "Rs. 8 per litre" 2. Substituted vide Notification No. 3/2020-Central Excise dated 13-03-2020 w.e.f. 14-03-2020 before it was read as "Rs. 2 per litre" 3. Substituted vide Notification No. 5/2020-Central Excise dated 05-05-2020 w.e.f. 06-05-2020 before it was read as "1[Rs. 10 per litre]" 4. Subs....