The 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]