Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
TMI Short Notes

Home TMI Short Notes Bill All Notes for this Source This

AMENDMENT IN THE SIXTH SCHEDULE TO THE FINANCE ACT, 2018 - FINANCE (No.2) BILL, 2019

  • Contents
  • Plus+

 

AMENDMENT IN THE SIXTH SCHEDULE TO THE FINANCE ACT, 2018:

S. No.

Amendments in scheduled rate of Road and Infrastructure cess levied as additional duty of excise, on Petrol and Diesel [to be effective from 06.07.2019]* [Clause [201] of the Finance (No. 2) Bill, 2019] [effective rate is prescribed by notification as detailed in V-B below]

Rate of Duty

 

 

From 

To

1

Motor spirit commonly known as petrol

₹ 8 per litre

₹ 10 per litre

2

High speed diesel oil

₹ 8 per litre

₹ 10 per litre

*Will come into effect immediately owing to a declaration under the Provisional Collection of Taxes Act, 1931.  

 

 

 

 

Dated: 5-7-2019



 

 

Quick Updates:Latest Updates