CBIC reduces Special Additional Excise Duty on export of Diesel to Rs. 0.50 per litre from earlier rate of Rs. 1.00 per litre with effect from 19th day of December, 2023 by amending principal notification No. 04/2022-Central Excise, dated the 30th June, 2022.
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 42/2023-Central Excise | Dated: 18th December, 2023
G.SR. 897(E).—In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 of 1944) read with section 147 of 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. 04/2022-Central Excise, dated the 30th June, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 492 (E), dated the 30th June, 2022, namely:‑
In the said notification, in the Table,
(i) against S. No. 2, for the entry in column (4), the entry “Rs. 0.50 per litre” shall be substituted;
2. This notification shall come into force on the 19th day of December, 2023.
[F. No. 354/15/2022-TRU]
AMREETA TITUS, Dy. Secy.
Note: The principal notification No. 04/2022-Central Excise, dated the 30th June, 2022, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 492 (E), dated the 30th June, 2022, and was last amended vide notification No. 39/2023-Central Excise, dated the 15th November, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 837(E), dated the 15th November, 2023.
