CBIC increase the Special Additional Excise Duty on Diesel


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The Central Board of Indirect Taxes and Customs (CBIC) has announced an increase in the Special Additional Excise Duty on diesel. This change, detailed in Notification No. 37/2022-Central Excise, will take effect from November 2nd, 2022. The duty on diesel has been revised to Rs. 11.50 per litre.

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(Department of Revenue)

Notification No. 37/2022-Central Excise

New Delhi, the1st November, 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 Finance Act, 2002 (20 of 2002), the Central Government,onbeing satisfied that it is necessary in the public interest so to do, hereby makes thefollowing further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 04/2022-Central Excise, dated the 30thJune, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), videnumber G.S.R. 492 (E), dated the 30thJune, 2022, namely:-

In the said notification, in the Table,-

(i)against S. No. 2, for the entry in column (4), the entry “Rs. 11.50per litre” shall be substituted;

2. This notification shall come into force on the2nddayof November, 2022.

[F. No. 354/15/2022-TRU]

(Amreeta Titus)

Deputy Secretary to the Government of India

Note: The principal notification No. 04/2022-Central Excise, dated the 30thJune, 2022, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), videnumber G.S.R. 492 (E), dated the 30thJune, 2022, and was last amended videnotification No.35/2022-Central Excise, datedthe 15th October, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section(i), videnumber G.S.R. 780(E), dated the 15th October, 2022.

FAQ :

The CBIC has increased the Special Additional Excise Duty on diesel.

The new rate for the Special Additional Excise Duty on diesel is Rs. 11.50 per litre.

This notification comes into force on the 2nd day of November, 2022.

This change is detailed in Notification No. 37/2022-Central Excise.

The amendment is made in exercise of the powers conferred by section 5A of the Central Excise Act, 1944 and section 147 of Finance Act, 2002.

 

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