Home India Ministry of Finance petroleum notifications...
Date: 17-Oct-2023 Category: Extra Ordinary State: Union Government Country: India

petroleum notifications

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • The gazette notification contains amendments to Central Excise notifications issued by the Ministry of Finance (Department of Revenue).
  • Notification No. 34/2023-Central Excise amends notification No. 18/2022-Central Excise, dated 19th July 2022.
  • Notification No. 35/2023-Central Excise amends notification No. 04/2022-Central Excise, dated 30th June 2022.
  • Both notifications come into effect on October 18, 2023.

Key Changes

  • Notification No. 34/2023-Central Excise substitutes the entry in column (4) against S. No. 1 in the table of notification No. 18/2022-Central Excise with 'Rs. 9050 per tonne'.
  • Notification No. 34/2023-Central Excise substitutes the entry in column (4) against S. No. 2 in the table of notification No. 18/2022-Central Excise with 'Rs. 1 per litre'.
  • Notification No. 35/2023-Central Excise substitutes the entry in column (4) against S. No. 2 in the table of notification No. 04/2022-Central Excise with 'Rs. 4 per litre'.

Impact Analysis

Stakeholders Affected

  • Businesses need to update their systems to reflect the revised excise duty rates from October 18, 2023.

Suggested Action Items

  • Ensure compliance with the updated regulations by accurately calculating and remitting excise duties.

Key Entities Referenced

Central Government: The governing authority responsible for issuing the notifications. Ministry of Finance (Department of Revenue): The department within the government responsible for central excise matters. Central Excise Act, 1944: The primary legislation governing central excise duties in India. Section 5A provides the power to grant exemptions from excise duty. Finance Act, 2002: Legislation that contains provisions related to finance and taxation. Section 147 is referenced in the notification. Notification No. 18/2022-Central Excise: The original notification dated 19th July 2022, which is amended by Notification No. 34/2023-Central Excise. Notification No. 04/2022-Central Excise: The original notification dated 30th June 2022, which is amended by Notification No. 35/2023-Central Excise. Notification No. 32/2023-Central Excise: The previous amendment to Notification No. 18/2022-Central Excise, dated 29th September 2023. Notification No. 33/2023-Central Excise: The previous amendment to Notification No. 04/2022-Central Excise, dated 29th September 2023.
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See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-17102023-249505 CG-DxLx-xEG-I1D7H1x0x2x0 23-249505 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 594] नई दिल्ली, मगं लिार, अक्त बू र 17, 2023/आजश्ि न 25, 1945 No. 594] NEW DELHI, TUESDAY, OCTOBER 17, 2023/ASVINA 25, 1945 जित्त मत्रं ालय (रािस्ट्ि जिभाग) अजधसचू ना नई दिल्ली, 17 अक् तूबर, 2023 सख्ं या 34/2023-केन्‍दर ीय उत्प ाि िल्ु क सा.का.जन. 747(अ).— केंरीय सरकार, जित्त अजधजनयम, 2002 (2002 का 20) की धारा 147 के साथ पठित केन्‍द रीय उत् पाि िल्ु क अजधजनयम, 1944 (1944 का 1) की धारा 5क के अधीन प्रित् त िजतियय का प्रयगग करत े ुए, यह समाधान हग िान े पर दक ऐसा करना लगक जहत म ें आिश् यक ह, भारत सरकार, जित् त मत्रं ालय (रािस्ट् ि जिभाग) की अजधसूचना संख् या 18/2022-केन्‍द रीय उत् पाि िल्ु क, दिनांक, 19िुलाई2022 ,, जिसे संख्या सा.का.जन. 584 (अ), दिनांक 19िुलाई2022 ,, में भारत के रािपत्र, असाधारण, भाग-II, खंड 3, उप खडं (i) में प्रकाजित दकया गया था, म ें और आग े भी जनम्न जलजखत संिगधन करती ह, यथा:- उक्त अजधसूचना म,ें सारणी म,ें - (i) क्रमांक 1 के सामने, कॉलम (4) में प्रजिजि के जलए, प्रजिजि "रु. 9050 प्रजत टन" कग प्रजतस्ट्थाजपत दकया िाएगा; 6613 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] (ii) क्रमांक 2 के सामने, कॉलम (4) में प्रजिजि के जलए, प्रजिजि " रु. 1 प्रजत लीटर " कग प्रजतस्ट्थाजपत दकया िाएगा। 2. यह अजधसूचना 18 अक्टूबर, 2023 से प्रिृत्त हगगी । [फा. स.ं 354/15/2022-टीआरय]ू अम्रीता टाइटस, उप सजचि नगट : मुख्य अजधसूचना संख्या 18/2022-केन्‍द रीय उत् पाि िुल् क, दिनांक 19 िलु ाई, 2022 जिसे सा.का.जन. सख्ं या 584 (अ), दिनांक 19 िुलाई, 2022 के तहत भारत के रािपत्र, असाधारण, भाग II, खंड 3, उपखंड (i) म ें प्रकाजित दकया गया था और इसम ें अंजतम बार अजधसूचना संख्या 32/2023- केन्‍द रीय उत् पाि िुल् क, दिनांक 29 जसतम्बर, 2023 जिसे सा.का.जन. संख्या 700 (अ), दिनांक 29 जसतम्बर, 2023 के तहत भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप-खंड (i) म ें प्रकाजित दकया गया था। MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 17th October, 2023 No. 34/2023-Central Excise G.S.R. 747(E).— In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 of 1944) read with section 147 of the Finance Act, 2002 (20 of 2002), 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. 18/2022-Central Excise, dated the 19th July, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 584 (E), dated the 19th July, 2022, namely:- In the said notification, in the Table,- (i) against S. No. 1, for the entry in column (4), the entry “Rs. 9050 per tonne” shall be substituted; (ii) against S. No. 2, for the entry in column (4), the entry “Rs. 1 per litre” shall be substituted 2. This notification shall come into force on the 18th day of October, 2023. [F. No. 354/15/2022-TRU] AMREETA TITUS, Dy. Secy. Note: The principal notification No. 18/2022-Central Excise, dated the 19th July, 2022 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 584 (E), dated the 19th July, 2022, and was last amended vide notification No. 32/2023-Central Excise, dated the 29th September, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 700(E), dated the 29th September, 2023.[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 अजधसचू ना नई दिल्ली, 17 अक् तूबर, 2023 सख्ं या 35/2023-केन्‍दर ीय उत्प ाि िल्ु क सा.का.जन. 748(अ).— केंरीय सरकार, जित् त अजधजनयम, 2002 (2002 का 20) की धारा 147 के साथ पठित केन्‍द रीय उत् पाि िल्ु क अजधजनयम, 1944 (1944 का 1) की धारा 5क के अधीन प्रित् त िजतियय का प्रयगग करत े ुए, यह समाधान हग िान े पर दक ऐसा करना लगक जहत म ें आिश् यक ह, भारत सरकार, जित् त मत्रं ालय (रािस्ट् ि जिभाग) की अजधसूचना संख् या 4/2022-केन्‍द रीय उत् पाि िुल् क, दिनांक 30 िून, 2022, जिसे संख्या सा.का.जन. 492 (अ), दिनांक 30 िून, 2022 में भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप खडं (i) म ें प्रकाजित दकया गया था, में और आग े भी जनम्न जलजखत संिगधन करती ह, यथा:- उक्त अजधसूचना म,ें सारणी म,ें (i) क्रमांक 2 के सामने, कॉलम (4) में प्रजिजि के जलए, प्रजिजि "रु. 4 प्रजत लीटर" कग प्रजतस्ट्थाजपत दकया िाएगा । 2. यह अजधसूचना 18 अक्टूबर, 2023 से प्रिृत्त हगगी । [फा. स.ं 354/15/2022-टीआरय]ू अम्रीता टाइटस, उप सजचि नगट : मख्ु य अजधसूचना संख्या 04/2022-केन्‍द रीय उत् पाि िल्ु क, दिनांक 30 िून, 2022 जिसे सा.का.जन. संख्या 492 (अ), दिनांक 30 िून, 2022 के तहत भारत के रािपत्र, असाधारण, भाग II, खंड 3, उपखंड (i) म ें प्रकाजित दकया गया था और इसम ें अंजतम बार अजधसूचना संख्या 33/2023- केन्‍दर ीय उत् पाि िल्ु क, दिनांक 29 जसतम्बर, 2023 जिसे सा.का.जन. सख्ं या 701 (अ), दिनांक 29 जसतम्बर, 2023 के तहत भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप-खंड (i) म ें प्रकाजित दकया गया था। NOTIFICATION New Delhi, the 17th October, 2023 No. 35/2023-Central Excise G.S.R. 748(E).— In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 of 1944) read with section 147 of Finance Act, 2002 (20 of 2002), 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. 04/2022-Central Excise, dated the 30th June, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 492 (E), dated the 30th June, 2022, namely:- In the said notification, in the Table,- (i) against S. No. 2, for the entry in column (4), the entry “Rs. 4 per litre” shall be substituted; 2. This notification shall come into force on the 18th day of October, 2023. [F. No. 354/15/2022-TRU] AMREETA TITUS, Dy. Secy. Note: The principal notification No. 04/2022-Central Excise, dated the 30th June, 2022, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 492 (E), dated the 30th June, 2022, and was last amended vide notification No.33/2023-Central Excise, dated the 29th September, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 701(E), dated the 29th September, 2023. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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