MoF amends Special Additional Excise Duty on the production of Petroleum Crude and export of Aviation Turbine Fuel

Sep 02, 2022 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Ministry of Finance (MoF) on August 31, 2022, further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 18/2022-Central Excise, dated July 19, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 584(E), dated July 19, 2022, to amend the Special Additional Excise Duty on the production of Petroleum Crude and export of Aviation Turbine Fuel namely 

Amendment in the notification-

In the said notification, in Table, -

(i)against S. No. 1, for the entry in column (4), the entry “Rs. 13,300per tonne” shall be substituted.

(ii)against S. No. 2, for the entry in column (4), the entry “Rs. 9 per litre” shall be substituted

This notification shall come into force on September 01, 2022.

[Notification. No. 354/15/2022-TRU]


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