Excise: CBIC has increased the Special Additional Excise Duty (SAED) on production of Petroleum Crude to Rs. 2300 from earlier Rs. 1300 per tonne and reduces the Special Additional Excise Duty on export of ATF to Rs. Nil per litre from earlier Rs. 1 per litre with effect from 02nd day of January 2024.(03.01.2024)

Excise:

CBIC has increased the Special Additional Excise Duty (SAED) on production of Petroleum Crude to Rs. 2300 from earlier Rs. 1300 per tonne and reduces the Special Additional Excise Duty on export of ATF to Rs. Nil per litre from earlier Rs. 1 per litre with effect from 02nd day of January 2024.

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