The Ministry of Finance (MoF) on February 02, 2024, amended an older notification No. 18/2022-Central Excise, dated July 19, 2022, related to Excise Duty on production of Petroleum Crude.
The following has been stated: -
•In the notification, in the Table, -
(i) Against S. No. 1, for the entry in column (4), the entry “Rs. 3200 per tonne” shall be substituted.
This notification shall come into force on February 03, 2024.
The detailed notification is given in the document attached below.
[Notification No. 05/2024-Central Excise]