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Government increases Special Additional Excise Duty on production of Petroleum Crude to Rs. 2,100 per tonne and  Rs. 4.50 per litre on export of Aviation turbine Fuel vide Notification  No. 01/2023—Central Excise Dated: 02nd January, 2023.

MINISTRY OF FINANCE
(Department of Revenue)

Notification  No. 01/2023—Central Excise | Dated: 02nd January, 2023

G.S.R. 4(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. 2,100 per tonne” shall be substituted;

(ii) against S. No. 2, for the entry in column (4), the entry “Rs. 4.50 per litre” shall be substituted.

2. This notification shall come into force on the 3rd day of January, 2023.

[F. No. 354/15/2022-TRU]

AMREETA TITUS, Dy. Secy.

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. 42/2022-Central Excise, dated the 15th December, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 882(E), dated the 15th December, 2022.

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