Quick Summary
The Ministry of Finance, Department of Revenue, has issued two notifications revising the Special Additional Excise Duty (SAED) rates applicable to petroleum products. The revised rates will come into force from July 1, 2026, following amendments notified through Notification No. 36/2026-Central Excise and Notification No. 37/2026-Central Excise. The amendments have been issued under the powers conferred by Section 5A of the Central Excise Act, 1944, read with Section 147 of the Finance Act, 20
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FAQ :
The new excise duty rates on petroleum products will take effect from July 1, 2026.
Under Notification No. 36/2026, the revised rates are Rs. 4 per litre and Rs. 8.5 per litre for the specified serial numbers.
Notification No. 37/2026 introduces a revised rate of Rs. 7.5 per litre for the entry against Serial Number 1.
The Ministry of Finance, Department of Revenue, issued these notifications.
These revisions reflect the government's practice of periodically adjusting special additional excise duties on petroleum products in response to revenue requirements and market conditions.
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