Seeks to amend Notification No. 18/2022-Central Excise, dated the 19th July, 2022 to increase Special Additional Excise Duty (SAED) on production of Petroleum Crude to Rs. 11,000 per tonne and on export of Aviation Turbine Fuel to Rs. 3.50 per litre vide Notification No. 34/2022-Central Excise | Dated: the 15th October, 2022.
MINISTRY OF FINANCE
(Department of Revenue)
New Delhi
Notification No. 34/2022-Central Excise | Dated: the 15th October, 2022
G.S.R.779(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), Notification 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. 11,000 per tonne” shall be substituted;
(ii) against S. No. 2, for the entry in column (4), the entry “Rs. 3.50 per litre” shall be substituted
2. This notification shall come into force on the 16th day of October, 2022.
[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. 32/2022-Central Excise, dated the 1st October, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 755(E), dated the 1st October, 2022.