Reduction in rate of Special Additional Excise Duty on High-Speed Diesel Oil

The Department of Revenue, Ministry of Finance on 2nd August, 2022 has issued a notification further amending the principal notification published on 30th June, 2022 regarding Special Additional Excise Duty leviable on exports of petrol and diesel.

Through the notification, the rate of such duty on High-Speed Diesel Oil is reduced from Rs. 12 per litre to Rs. 4 per litre.

The notification shall come into force on 3rd August, 2022.

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