| Date: |
01-03-2002
|
| Notification No: |
Central Excise Notification No 19/2002
|
| Issuing Authority: |
Central Excise
|
| Type: |
Tariff
|
| File No: |
|
| Subject: |
Effective rate of Special Additional Duty of Excise on Motor Spirit and High Speed Diesel
|
|
Effective rate of Special Additional Duty of Excise on Motor Spirit and
High Speed Diesel
Notification No. 19
dated 1st March 2002
(Supersessed by Notification No. 28 dated 13th
May 2002)
In exercise of
the powers conferred by sub-section (1) of section 5A of the Central Excise Act,
1944 (1 of 1944) read with sub-clause (3) of clause 140 of the Finance Bill,
2002, which clause has, by virtue of the declaration made in the said Finance
Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931) the force
of law, the Central Government, being satisfied that it is necessary in the
public interest so to do, hereby exempts goods falling within the First Schedule
to the Central Excise Tariff Act, 1985 (5 of 1986) and specified in column(2) of
the Table hereto annexed , from so much of the
special additional excise duty leviable thereon under sub-clause(1) of clause 140 of the said Finance Bill, as
is in excess of the amount indicated in the corresponding entry in column (3) of
the said Table.
TABLE
|
S.No
|
Description of goods
|
Rate
|
|
(1)
|
(2)
|
(3)
|
|
1.
|
Motor spirit, commonly known as petrol
|
Rupees six per litre
|
|
2.
|
High speed diesel oil
|
Nil
|
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