CBIC ceiling on Special Additional Excise Duty on production of Petroleum Crude and export of Aviation Turbine Fuel

The Central Board of Indirect Taxes and Customs vide notification dated 16 September, 2022 has reduced Special Additional Excise Duty on production of Petroleum Crude and export of Aviation Turbine Fuel. The revised Special Additional Excise Duty stands as follows:

  1. Rs. 10,500 per tonne for petroleum crude
  2. Rs. 5 per litre for aviation turbine fuel

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