Quick Summary
The Ministry of Finance, Department of Revenue, has issued two fresh notifications revising Central Excise Duty rates applicable to specified petroleum products. The changes have been notified through Notification No. 24/2026-Central Excise and Notification No. 25/2026-Central Excise dated May 30, 2026. The revised rates will become effective from June 1, 2026. The amendments have been made under Section 5A of the Central Excise Act, 1944 read with Section 147 of the Finance Act, 2002, with the
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FAQ :
The revised Central Excise Duty rates will become effective from June 1, 2026.
The changes are detailed in Notification No. 24/2026-Central Excise and Notification No. 25/2026-Central Excise, both dated May 30, 2026.
Under Notification No. 24/2026, the rate for Serial No. 1 has been revised to Rs. 1.5 per litre, and the rate for Serial No. 2 has been revised to Rs. 13.5 per litre.
Under Notification No. 25/2026, the rate specified against Serial No. 1 has been revised to Rs. 9.5 per litre.
The amendments are made under Section 5A of the Central Excise Act, 1944, read with Section 147 of the Finance Act, 2002, in the public interest.
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