image

CBEC amends NOT. No. 11/2017-CE so as to reduce the excise duty rates on Petrol and Diesel

MINISTRY OF FINANCE

(Department of Revenue)

NOTIFICATION

New Delhi, the 3rd October, 2017

No. 22/2017-Central Excise

G.S.R. 1217(E).—In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), 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. 11/2017-Central Excise, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 793(E), dated the 30th June, 2017, namely:—

In the said notification, in the Table,

(i) in serial number 2,—

(a) against item (i) of column (3), for the entry in column (4), the entry “Rs. 6.48 per litre” shall be substituted;

(b) against item (ii) of column (3), for the entry in column (4), the entry “Rs. 7.66 per litre” shall be substituted;

(ii) in serial number 3,—

(a) against item (i) of column (3), for the entry in column (4), the entry “Rs. 8.33 per litre” shall be substituted;

(b) against item (ii) of column (3), for the entry in column (4), the entry “Rs. 10.69 per litre” shall be substituted.

2. This notification shall come into force with effect from the 4th October, 2017.

[F. No. 354/123/2014-TRU(Pt-1)]

RUCHI BISHT, Under Secy.

Note : The principal notification No. 11/2017-Central Excise, dated the 30th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 793(E), dated the 30th June, 2017

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Corporate Law Referencer

MasterClass

Recent Articles

Recent Legal updates

Recent Gst Updates