TMI BlogBUDGET 2018-19 - Central Excise - Imposition of Road and Infrastructure Cess on Petrol and Diesel - Exemption from Road Cess on Petrol, Diesel, Ethanol-blended Petrol and Bio-Diesel Central Excise Notifications Nos. 01/2018-CE to 16/2018-CE, all dated 02.02.2018 - Communication thereofX X X X Extracts X X X X X X X X Extracts X X X X ..... Sub: -BUDGET 2018-19 - Central Excise - Imposition of Road and Infrastructure Cess on Petrol and Diesel - Exemption from Road Cess on Petrol, Diesel, Ethanol-blended Petrol and Bio-Diesel Central Excise Notifications Nos. 01/2018-CE to 16/2018-CE, all dated 02.02.2018 - Communication thereof - Reg. In the Budget 2018-19, Road and Infrastructure Cess on motor spirit commonly known as petrol and high speed diesel falling under Chapter 2710 at the rate of ₹ 8/- per litre has been levied [Clause 110 read with Sixth Schedule of the Finance Bill, 2018 refers]. Further, the said levy will come into effect immediately owing to a declaration under the Provisional Collection of Taxes Act, 1931. 2.0 Further, the Ce ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ol blended Petrol. 5. 5/2018-CE 02.02.2018 Rescinds Notification No. 21/2009-CentraI Excise dated 07.07.2009 pertaining to exemption of Road Cess on Bio-Diesel. 6. 6/2018-CE 02.02.2018 Rescinds Notification No. 29/2002-Central Excise dated 13.05.2002 pertaining to partial exemption [50%] to Petro and Diesel cleared from 4 specified refineries in North East. 7. 7/2018-CE 02.02.2018 Provides for exemption from payment of Road Cess on Petrol till the enactment of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Exemption to Bio-Diesel from Road and Infrastructure Cess. 14. 14/2018-CE 02.02.2018 Amendment to the effect that the exemption under Notification No. 7/2018-CE does not apply to the goods manufactured on or before 01.02.2018 and cleared on or after 02.02.2018-(Refer Sl.No.7 above). 15. 15/2018-CE 02.02.2018 Amendment to the effect that the exemption under Notification No. 8/2018-CE does not apply to the goods manufactured on or before 01.02.2018 and cleared on or after 02.02.2018-(Refer Sl.No.8 above). 16 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7 20.66 5.66 8 7 20.66 Diesel(unbranded) 8.33 6 1 15.33 6.33 8 1 15.33 (Diesel branded) 10.69 6 1 17.69 8.69 8 1 17.69 3. This Trade Notice is being issued so as to sensitize the trade and field formations about the salient ..... X X X X Extracts X X X X X X X X Extracts X X X X
|