Central Excise Rate on Petrol and High Speed Diesel

Central Excise Notification No.35/2012   dated 14th September, 2012

G.S.R. (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 further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 12/2012-Central Excise, dated the 17thMarch, 2012, published in the Gazette of India, Extraordinary vide number G.S.R.163 (E) dated 17th March, 2012, namely:-

In the said notification, in the Table,-

(i) in Sl. No. 70, for the entry in column (4), against item (i), the entry “`1.20 per litre” shall be substituted; ( Motor spirit commonly known as petrol,-(i) intended for sale without a brand  name; (ii) other than those specified at (i))

(ii) in Sl. No. 71, for the entry in column (4), against item (i), the entry “`1.46 per litre” shall be substituted.( High speed diesel (HSD),- (i) intended for sale without a brand  name; (ii) other than those specified at (i))

Note:

The principal notification No.12/2012-Central Excise dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.163 (E), dated the 17th March, 2012 and was last amended by notification No. 34/2012-Central Excise, dated the 10th September, 2012 published vide number G.S.R. 674 (E), dated the 10th September, 2012.

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