| Date: |
06-07-2019
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| Notification No: |
Notification No. 5/2019-Central Excise
|
| Issuing Authority: |
Central Excise
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| Type: |
Tariff
|
| File No: |
F. No.334/3/2019-TRU |
| Subject: |
Seeks to increase the effective rate of Special Additional Excise Duty on Petrol and Diesel.
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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 5/2019-Central Excise
New Delhi, the 6th July, 2019
G.S.R. (E). – In exercise of the powers conferred by section 147 of Finance Act, 2002 (20 of
2002), read with section 5A of the Central Excise Act, 1944 (1 of 1944) (herein after referred to
as the Excise Act), 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 sub-heading or tariff item of the
Fourth Schedule to the 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 said 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:
Table
S.
No. |
Chapter or heading
or sub-heading or
tariff item |
Description of goods |
Rate |
| (1) |
(2) |
(3) |
(4) |
| 1. |
2710 |
Motor spirit, commonly known as petrol |
Rs. 8 per litre |
| 2. |
2710 |
2710 High speed diesel oil |
Rs. 2 per litre |
[F. No.334/3/2019-TRU]
(Gunjan Kumar Verma)
Under Secretary to the
Government of India
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