Ministry of Finance increases effective rate of Special Additional Excise Duty on petrol

The Ministry of Finance on May 5, 2020 implemented the increase the effective rate of special additional excise duty on petrol. The rate increase shall be substituted by Rupees 12 per litre and Rupees 9 per litre.

(Notification No. 5/2020-Central Excise)

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Get all CBIC
Updates
in one place, Subscribe us to never miss an update from CBIC, Goal
of AVACOM
for compliance officers is to understand legal updates in India and how the
company needs to file the compliances to avoid fines and penalties, it is
achieving that goal, so it can be documented and as necessary, shown to
regulators or other stakeholders who might be asking about the company’s
compliance program.

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Experienced Legal Associate with a demonstrated history of working in the information technology and services industry. Skilled in Legal Compliance, Taxation Laws, Oil & Gas, Regulatory Affairs, and Regulatory Compliance. Strong information technology professional with a Bachelor of Laws - LLB focused in Energy Laws from University of Petroleum and Energy Studies.

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