Government reduces Special Additional Excise Duty on production of Petroleum Crude to Rs. 1900 per tonne from 2,100 per tonne and to Rs. 3.50 per litre from Rs. 4.50 per litre on export of Aviation turbine Fuel vide Notification No. 03/2023—Central Excise Dated: 16th January, 2023.
MINISTRY OF FINANCE
(Department of Revenue)
New Delhi
Notification No. 03/2023-Central Excise | Dated 16th January, 2023
G.S.R. 23(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. 1,900 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 17th 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. 01/2023-Central Excise, dated the 2nd January, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 4(E), dated the 2nd January, 2023.
