The Government of India, through Ministry of Finance (Department of Revenue), has issued Notification No. 28/2023-Central Excise on September 1, 2023. This notification pertains to the amendment of Notification No. 18/2022-Central Excise dated July 19, 2022. The amendments aim to modify Special Additional Excise Duty rates on petroleum crude production and export of ATF (Aviation Turbine Fuel).
Govt reduces the Special Additional Excise Duty on production of Petroleum Crude to Rs. 6700 per tonne from 7,100 per tonne and increase the Special Additional Excise Duty on export of ATF to Rs. Rs. 4 per litre from existing Rs. 2 per litre.
In the Table of the original notification, the following changes are made:
S. No. 1: The entry in column (4) is amended to “Rs. 6,700 per tonne” for Special Additional Excise Duty on petroleum crude production.
S. No. 2: The entry in column (4) is amended to “Rs. 4 per litre” for Special Additional Excise Duty on export of ATF (Aviation Turbine Fuel).
The amendments are effective from September 2, 2023.
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 28/2023-Central Excise | Dated: 1st September, 2023
G.S.R. 646(E). In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 of 1944) read with section 147 of the Finance Act, 2002 (20 of 2002), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 18/2022-Central Excise, dated the 19th July, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 584 (E), dated the 19th July, 2022, namely:-
In the said notification, in the Table,-
(i) against S. No. 1, for the entry in column (4), the entry “Rs. 6,700 per tonne” shall be substituted;
(ii) against S. No. 2, for the entry in column (4), the entry “Rs. 4 per litre” shall be substituted
2. This notification shall come into force on the 2nd day of September, 2023.
[F. No. 354/15/2022-TRU]
(Amreeta Titus)
Deputy Secretary to the Government of India
Note: The principal notification No. 18/2022-Central Excise, dated the 19th July, 2022 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 584 (E), dated the 19th July, 2022, and was last amended vide notification No. 26/2023-Central Excise, dated the 14th August, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 600(E), dated the 14th August, 2023.
