Special Additional Excise Duty on production of Petroleum Crude and export of Aviation Turbine Fuel - decrease SAED on production of Petroleum Crude and increase on Aviation Turbine Fuel - Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022. - 24/2022 - Central Excise - Tariff

MINISTRY OF FINANCE

(Department of Revenue)

NOTIFICATION NO. 24/2022-Central Excise

New Delhi, the 18th August, 2022

G.S.R. 642(E).-In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 of 1944) read with section 147 of the Finance Act, 2002 (20 of 2002), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 18/2022-Central Excise, dated the 19th July, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 584 (E), dated the 19th July, 2022, namely:-

In the said notification, in the Table,-

(i) against S. No. 1, for the entry in column (4), the entry “Rs. 13,000 per tonne” shall be substituted;

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

2. This notification shall come into force on the 19th day of August, 2022.

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

NITISH KARNATAK, Under Secy.

Note : The principal notification No. 18/2022-Central Excise, dated the 19th July, 2022 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 584 (E), dated the 19th July, 2022, and was last amended vide notification No. 22/2022-Central Excise, dated the 2nd August, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 614(E), dated the 2nd August, 2022.