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Regarding Basic Excise Duty at a concessional rate of 2% on Aviation Turbine Fuel


 Notice Date : 26 August 2016

Seeks to further amend notification No. 12/2012-Central Excise dated 17.03.2012 so as to levy Basic Excise Duty at a concessional rate of 2% on Aviation Turbine Fuel drawn by operators or cargo operators from the Regional Connectivity Scheme (RCS) airports for a period of 3 years.

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No. 32/2016-Central Excise

New Delhi, the 26th August, 2016

 

G.S.R. (E). – In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 12/2012-Central Excise dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R. 163(E) dated the 17th March, 2012, namely: –

In the said notification, in the Table, –

(A) in the opening paragraph, after the sixth proviso, the following proviso shall be inserted, namely:-

“Provided also that nothing contained in this notification shall apply to the goods specified against serial number 77 of the said Table after the 25th day of August, 2019;”;

(B) for serial number 77 and entries relating thereto, the following serial number and entries shall be substituted, namely :-

(1)

(2)

(3)

(4)

(5)

“77

2710 19 20

Aviation Turbine Fuel drawn by operators or cargo operators from the Regional Connectivity Scheme (RCS) airports

2%

-”.

[F.No.354/102/2015–TRU (Pt.-1)]

(Mohit Tewari)

Under Secretary to the Government of India

Note.– The principal notification No.12/2012-Central Excise, dated the 17th March, 2012 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.163(E) dated the 17th March, 2012 and was last amended vide notification No. 30/2016- Central Excise, dated the 10th August, 2016 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.783(E) dated the 10th August, 2016.

 

Guest
on 27 August 2016
Notification No : 32/2016-Central Excise
Published in Excise
Source : ,










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