CBIC Reduces Excise Duty on Diesel Exports wef 30th September 2023

CBIC reduces Special Additional Excise Duty on export of Diesel to Rs. 5.00 per litre from earlier rate of Rs. 5.5 per litre with effect from 30th day of September, 2023.

MINISTRY OF FINANCE
(Department of Revenue)
New Delhi

Notification  No. 33/2023-Central Excise | Dated: 29th September, 2023

G.S.R. 701(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 30^th 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 30^th June, 2022, namely:-

In the said notification, in the Table,-

(i) against S. No. 2, for the entry in column (4), the entry “Rs. 5 per litre” shall be substituted;

2. This notification shall come into force on the 30^th day of September, 2023.

[F. No. 354/15/2022-TRU]
AMREETA TITUS, Dy. Secy.

Note : The principal Notification No. 04/2022-Central Excise, dated the 30^th 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 30^th June, 2022, and was last amended vide notification No. 31/2023-Central Excise, dated the 15^th September, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated the 15^th September, 2023.