Seeks to prescribe rates of Special Additional Excise Duty for exports of petrol and diesel – Notification No. 04/2022-Central Excise, Dated: 30.06.2022

MINISTRY OF FINANCE
(Department of Revenue)
New Delhi, the 30th June, 2022

Notification No. 04/2022-Central Excise

G.S.R. 492(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, being satisfied that it is necessary in the public interest so to do, hereby exempts the excisable goods of the description specified in Column (3) of the Table below and falling within the Chapter, heading or sub­heading or tariff item of the Fourth Schedule to the said Excise Act, as specified in the corresponding entry in Column (2) of the said Table, from so much of the Special Additional Excise Duty leviable thereon under section 147 read with the Eighth Schedule to the Finance Act, 2002, as is in excess of the amount calculated at the rate specified in the corresponding entry in Column (4) of the said Table, namely: –

TABLE

S. No. Chapter or heading or subheading
or tariff item
Description of goods Rate
(1) (2) (3) (4)
1. 2710 Motor spirit, commonly known as petrol Rs. 5 per litre
2. 2710 High speed diesel oil Rs. 12 per litre

2. Nothing contained in this notification shall apply to any goods other than the goods cleared for export.

3. This notification shall come into force on the 1st day of July, 2022.

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

VIKRAM VIJAY WANERE, Under Secy.

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Telegram

taxguru on telegram GROUP LINK

Review us on Google

More Under Excise Duty

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

September 2022
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930