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Date: 03-Apr-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

Gazette Notifications 16/2023 & 17/2023 - Central Excise Amendments

  • Notification 16/2023-Central Excise amends notification 18/2022-Central Excise, dated July 19, 2022, to revise the central excise duty on specific goods.
  • Notification 17/2023-Central Excise amends notification 4/2022-Central Excise, dated June 30, 2022, to revise the central excise duty on specific goods.
  • Both notifications are issued by the Ministry of Finance (Department of Revenue) and take effect on April 4, 2023.
  • The amendments are made under the powers conferred by Section 5A of the Central Excise Act, 1944, read with Section 147 of the Finance Act, 2002.

Key Changes in Notification 16/2023

  • Revises the entry in column (4) against S. No. 1 in the table of notification 18/2022-Central Excise.
  • The original entry of a specific amount per ton is replaced with “Rs. Nil per tonne”.
  • This implies a reduction of central excise duty to zero for the goods specified in S. No. 1 of the original notification.

Key Changes in Notification 17/2023

  • Revises the entry in column (4) against S. No. 2 in the table of notification 4/2022-Central Excise.
  • The original entry of a specific amount per liter is replaced with “Rs. 0.50 per litre”.
  • This implies that the central excise duty is now Rs 0.50 per litre for the goods specified in S. No. 2 of the original notification.

Impact Analysis

Impact on Manufacturers/Producers

  • Action Item: Manufacturers should review their costing and pricing strategies to reflect the changes in excise duty.

Impact on Consumers

  • Action Item: Monitor market prices to assess the impact on consumers.

Impact on Government Revenue

  • Action Item: The Ministry of Finance should assess the overall revenue impact of these amendments.

Stakeholders

  • Central Board of Indirect Taxes and Customs (CBIC)

Key Entities Referenced

Central Government: The issuer of the notification, acting through the Ministry of Finance (Department of Revenue). Ministry of Finance (Department of Revenue): The government ministry responsible for issuing and administering central excise notifications. 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: Section 147 provides the power to amend the notifications. Notification No. 18/2022-Central Excise, dated 19th July, 2022: The original notification being amended by Notification No. 16/2023-Central Excise. Notification No. 4/2022-Central Excise, dated 30th June, 2022: The original notification being amended by Notification No. 17/2023-Central Excise. Notification No. 13/2023-Central Excise, dated 20th March, 2023: The last amendment to Notification No. 18/2022-Central Excise before the current amendment. Notification No. 14/2023-Central Excise, dated 20th March, 2023: The last amendment to Notification No. 4/2022-Central Excise before the current amendment.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-03042023-244922 xxxGIDHxxx CG-DL-E-03042023-244922 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.ं 207] नई दिल्ली, सोमिार, अप्रैल 3, 2023/चत्रै 13, 1945 No. 207] NEW DELHI, MONDAY, APRIL 3, 2023/CHAITRA 13, 1945 जित्त मंत्रालय (रािस्ट्ि जिभाग) अजधसचू ना नई दिल्ली, 3 अप्रलै , 2023 स.ं 16/2023-केन्द्रीय उत्पाि िल्ु क सा.का.जन. 267(अ).—केंरीय सरकार, जित्त अजधजनयम, 2002 (2002 का 20) की धारा 147 के साथ पठित केन्द्रीय उत्पाि िल्ु क अजधजनयम, 1944 (1944 का 1) की धारा 5क के अधीन प्रित्त िजियों का प्रयोग करत े हुए, यह समाधान हो िान े पर दक ऐसा करना लोक जहत म ें आिश्यक ह,ै भारत सरकार, जित्त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना संख्या 18/2022-केन्द्रीय उत्पाि िल्ु क, दिनांक, 19 िुलाई, 2022, जिसे संख्या सा.का.जन. 584(अ), दिनांक 19 िलु ाई, 2022, म ें भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप खंड (i) म ें प्रकाजित दकया गया था, म ें और आग े भी जनम्नजलजखत संिोधन करती ह,ै यथा:- उि अजधसूचना म,ें सारणी म,ें - (i) क्रमांक 1 के सामने, कॉलम (4) म ेंप्रजिजि के जलए, प्रजिजि "रु. िून्द्य प्रजत टन" को प्रजतस्ट्थाजपत दकया िाएगा; 2. यह अजधसूचना 4 अप्रैल, 2023 से प्रिृत्त होगी । [फा. स.ं 354/15/2022-टीआरयू] जनजति कनााटक, अिर सजचि 2244 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] नोट : मुख्य अजधसूचना संख्या 18/2022-केन्द्रीय उत्पाि िल्ु क, दिनांक 19 िुलाई, 2022 जिसे सा.का.जन. संख्या 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 13/2023-केन्द्रीय उत्पाि िल्ु क, दिनांक 20 माच,ा 2023 जिसे सा.का.जन. संख्या 203 (अ), दिनांक 20 माच,ा 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 3rd April, 2023 No.16/2023-Central Excise G.S.R. 267(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. Nil per tonne” shall be substituted; 2. This notification shall come into force on the 4th day of April, 2023. [F. No. 354/15/2022-TRU] NITISH KARNATAK, 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. 13/2023-Central Excise, dated the 20th March, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 203(E), dated the 20th March, 2023. अजधसचू ना नई दिल्ली, 3 अप्रलै , 2023 स.ं 17/2023-केन्द्र ीय उत्प ाि िल्ु क सा.का.जन. 268(अ).— केंरीय सरकार, जित्त अजधजनयम, 2002 (2002 का 20) की धारा 147 के साथ पठित केन्द् रीय उत् पाि िल्ु क अजधजनयम, 1944 (1944 का 1) की धारा 5क के अधीन प्रित्त िजियों का प्रयोग करत े हुए, यह समाधान हो िान े पर दक ऐसा करना लोक जहत म ें आिश् यक ह,ै भारत सरकार, जित्त मंत्रालय (रािस्ट् ि जिभाग) की अजधसूचना संख् या 4/2022-केन्द् रीय उत् पाि िुल् क, दिनांक 30 िून, 2022, जिसे संख्या सा.का.जन. 492 (अ), दिनांक 30 िून, 2022 म ें भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप खंड (i) म ें प्रकाजित दकया गया था, म ें और आग े भी जनम्न जलजखत संिोधन करती ह,ै यथा:- उक्त अजधसूचना म,ें सारणी म,ें (i) क्रमांक 2 के सामन,े कॉलम (4) म ें प्रजिजि के जलए, प्रजिजि "रु. 0.50 प्रजत लीटर" को प्रजतस्ट्थाजपत दकया िाएगा; 2. यह अजधसूचना 4 अप्रैल, 2023 स े प्रिृत्त होगी । [फा. स.ं 354/15/2022-टीआरयू] जनजति कनााटक, अिर सजचि[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 नोट : मुख्य अजधसूचना संख्या 04/2022-केन्द् 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 14/2023- केन्द् रीय उत् पाि िुल् क, दिनांक 20 माच,ा 2023 जिसे सा.का.जन. संख्या 204 (अ), दिनांक 20 माच,ा 2023 के तहत भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप- खंड (i) म ें प्रकाजित दकया गया था। NOTIFICATION New Delhi, the 3rd April, 2023 No. 17/2023-Central Excise G.S.R. 268(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. 0.50 per litre” shall be substituted; 2. This notification shall come into force on the 4th day of April, 2023. [F. No. 354/15/2022-TRU] NITISH KARNATAK, 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.14/2023-Central Excise, dated the 20th March, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 204(E), dated the 20th March, 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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