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Effective change in rate of Special Additional Excise Duty and Road and Infrastructure Cess on Petrol and Diesel
S. No. | Description | Rate of Duty | |
A | Increase in effective rate of Special Additional Excise Duty on Petrol and Diesel | From | To |
1 | Motor spirit commonly known as petrol | ₹ 7 per litre | ₹ 8 per litre |
2 | High speed diesel oil | ₹ 1 per litre | ₹ 2 per litre |
B | Increase in effective rate of Road and Infrastructure Cess, levied as additional duty of excise, on Petrol and Diesel | From | To |
1 | Motor spirit commonly known as petrol | ₹ 8 per litre | ₹ 9 per litre |
2 | High speed diesel oil | ₹ 8 per litre | ₹ 9 per litre |
Excise duty increases on petrol and diesel under Finance Bill raise effective tax rates for fuel levies. The Finance (No.2) Bill, 2019 increases the effective rates of Special Additional Excise Duty and Road and Infrastructure Cess on motor spirit (petrol) and high speed diesel by substituting the prior per litre rates with higher per litre rates for each levy, with the cess expressly levied as an additional duty of excise.
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