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 Government stating that the changes are being made in the public interest.
Changes Introduced Under Notification No. 24/2026
Under Notification No. 24/2026-Central Excise, the Government has amended Notification No. 06/2026-Central Excise dated March 26, 2026.
The revised rates prescribed in the notification are:
- Rate revised to Rs. 1.5 per litre against Serial No. 1.
- Rate revised to Rs. 13.5 per litre against Serial No. 2.
These revised rates will take effect from June 1, 2026.
Changes Introduced Under Notification No. 25/2026
The Government has also amended Notification No. 08/2026-Central Excise dated March 26, 2026 through Notification No. 25/2026-Central Excise.
Under this amendment, the rate specified against Serial No. 1 has been revised to: Rs. 9.5 per litre.
The revised rate will also come into force from June 1, 2026.
Impact of the Notifications
The latest amendments form part of the Government's ongoing adjustments to the excise duty framework applicable to petroleum products. The notifications modify specific rates contained in earlier notifications issued on March 26, 2026 and subsequently amended in May 2026.
Tax professionals, oil companies, fuel distributors, and other stakeholders dealing with petroleum products should review the revised duty structure and ensure compliance with the updated rates from June 1, 2026 onward.
Click here to view/download the official copy of the notification
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