CBIC issued an amendment to the notification related to Excise Duty on production of Petroleum Crude

Feb 16, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Central Board of Indirect Taxes (CBIC) on February 15, 2024, amended an older notification No. 18/2022-Central Excise, dated July 19, 2022, related to Excise Duty on production of Petroleum Crude.

This notification shall come into force on February 16, 2024.

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. 3300 per tonne” shall be substituted.

The detailed notification is given in the document attached below.

 

[Notification No. 06/2024-Central Excise]


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