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Increase in Special Additional Excise Duty on high speed diesel oil w.e.f. January 3, 2023

Diesel oil increase mmtaxclub

Inexercise of the powers conferred by section5A of the Central Excise Act,1944(1of1944) read with section147of Finance Act,2002 (20of2002),the Central Government,on being satisfied that it is necessary in the public interest soto do,here bymakes the following further amendments in the notification of the Government of Indiain the Ministry of Finance (DepartmentofRevenue),No.04/2022-Central Excise, dated the 30th June,2022,published in the Gazette of India, Extraordinary,PartII,Section3,Sub-section(i),videnumberG.S.R.492(E),dated the 30th June,2022,namely:-

In the said notification,in theTable,-(i)againstS.No.2,fortheen try incolumn(4),theentry“Rs.5perlitre”shall  be substituted;


2.This notification shall comeintoforce on the3rd  dayofJanuary,2023.


Note:The principal notification No.04/2022- Central Excise,dated the30th June,2022,was published in the Gazette of India,Extraordinary,PartII,Section3,Sub-section(i),vide numberG.S.R.492(E),dated the 30th June,2022,and was last amended vide notificationNo.43/2022-Central Excise,dated the15th December,2022,published in the Gazette of India,Extraordinary,PartII,Section3,Sub-section(i),vide numberG.S.R.883(E),dated the15th December,2022


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