| Date: |
19-07-2022
|
| Notification No: |
Notification No. 18/2022-Central Excise
|
| Issuing Authority: |
Central Excise
|
| Type: |
Tariff
|
| File No: |
[F. No. 354/15/2022-TRU] |
| Subject: |
Seeks to reduce the Special Additional Excise Duty on production of Petroleum Crude and export of Aviation Turbine Fuel.
|
|
Untitled 1
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 18/2022-Central Excise
New Delhi, the 19th July, 2022
G.S.R......(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 exempts
the excisable goods of the description
specified in column (3) of the Table below, and falling within the Chapter or
heading or sub-heading or
tariff item of the Fourth Schedule to the said Central 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 |
2709 |
Petroleum crude |
17,000 per tonne
|
| 2 |
2710 |
Aviation Turbine Fuel |
Rs. 4 per Litre
|
2. This notification shall come into force on the 20th day of July, 2022.
[F. No. 354/15/2022-TRU]
(Nitish Karnatak)
Under Secretary to the Government of India
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