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Date: 18-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

  • The gazette contains two notifications related to Central Excise.
  • Notification No. 18/2023-Central Excise amends notification No. 18/2022-Central Excise, dated 19th July, 2022.
  • Notification No. 19/2023-Central Excise amends notification No. 04/2022-Central Excise, dated 30th June, 2022.

Key Changes in Notification No. 18/2023-Central Excise

  • The entry in column (4) against S. No. 1 in the table of notification No. 18/2022-Central Excise is substituted with 'Rs. 6400 per tonne'.
  • This change is effective from April 19, 2023.

Key Changes in Notification No. 19/2023-Central Excise

  • The entry in column (4) against S. No. 2 in the table of notification No. 04/2022-Central Excise is substituted with 'Rs. Nil per litre'.
  • This change is effective from April 19, 2023.

Impact Analysis

Impact on Businesses

  • Review existing contracts and pricing strategies to account for the changes in excise duties.

Impact on Consumers

  • A reduction in excise duty to nil per litre could potentially lead to lower prices for consumers, depending on whether businesses pass on the benefit.

Suggested Actions

  • Monitor the market and competitor pricing to adjust pricing strategies accordingly.

Key Entities Referenced

Central Government: The issuer of the notifications, acting through the Ministry of Finance (Department of Revenue). Ministry of Finance (Department of Revenue): The government body 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 duties. Finance Act, 2002: The Act that contains section 147, which is read with section 5A of the Central Excise Act, 1944, to empower the Central Government to issue notifications regarding excise duties. Notification No. 18/2022-Central Excise: The original notification dated 19th July, 2022, which is amended by Notification No. 18/2023-Central Excise. Notification No. 04/2022-Central Excise: The original notification dated 30th June, 2022, which is amended by Notification No. 19/2023-Central Excise. Notification No. 16/2023-Central Excise: The notification dated 3rd April, 2023, which was the last amendment to Notification No. 18/2022-Central Excise. Notification No. 17/2023-Central Excise: The notification dated 3rd April, 2023, which was the last amendment to Notification No. 04/2022-Central Excise.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-18042023-245243 xxxGIDHxxx CG-DL-E-18042023-245243 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.ं 242] नई कदल्ली, मगं लवार, अप्रलै 18, 2023/चत्रै 28, 1945 No. 242] NEW DELHI, TUESDAY, APRIL 18, 2023/CHAITRA 28, 1945 (रािस्ट्व जवभाग) अजधसचू ना ubZ fnYyh] 18 vizSy] 2023 (सख्ं या 18/2023-केन्‍दर ीय उत्प ाद िल्ु क ) सा.का.जन. 303(अ).—केंरीय सरकार, foÙk अजधजनयम, 2002 (2002 का 20) की धारा 147 के साथ पठित केन्‍द रीय उत् पाद िल्ु क अजधजनयम, 1944 (1944 का 1) की धारा 5क के अधीन iznÙk िजियों का प्रयोग करते हुए, यह समाधान हो िान े पर कक ऐसा करना लोक जहत म ें आवश्य क ह,ै भारत सरकार, foÙk मंत्रालय (रािस्ट् व जवभाग) की अजधसूचना संख् या 18/2022-केन्‍द रीय उत् पाद िल्ु क, कदनांक, 19 िुलाई, 2022, जिसे संख्या सा.का.जन. 584 (अ), कदनांक 19 िुलाई, 2022, म ें भारत के रािपत्र, असाधारण, भाग-II, खंड 3, उप खडं (i) म ें प्रकाजित ककया गया था, म ें और आग े भी जनम्न जलजखत संिोधन करती ह,ै यथा:- उक्त अजधसूचना म,ें सारणी म,ें - (i) क्रमांक 1 के सामन,े कॉलम (4) म ेंप्रजवजि के जलए, प्रजवजि "रु. 6400 प्रजत टन" को प्रजतस्ट्थाजपत ककया िाएगा; 2. यह अजधसूचना 19 अप्रैल, 2023 स े प्रवृत्त होगी । [फा. स.ं 354/15/2022-टीआरय]ू अमृता टाइटस, उप-सजचव 2536 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] नोट : मख्ु य अजधसूचना संख्या 18/2022-केन्‍द रीय उत् पाद िल्ु क , कदनांक 19 िुलाई, 2022 जिसे सा.का.जन. संख्या 584 (अ), कदनांक 19 िुलाई, 2022 के तहत भारत के रािपत्र, असाधारण, भाग II, खंड 3, उपखंड (i) म ें प्रकाजित ककया गया था और इसम ें अंजतम बार अजधसूचना संख्या 16/2023- केन्‍दर ीय उत् पाद िुल् क, कदनांक 3 अप्रैल, 2023 जिसे सा.का.जन. संख्या 267 (अ), कदनांक 3 अप्रैल, 2023 के तहत भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप-खंड (i) म ें प्रकाजित ककया गया था। MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 18th April, 2023 (No.18/2023-Central Excise) G.S.R. 303(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. 6400 per tonne” shall be substituted; 2. This notification shall come into force on the 19th day of April, 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. 16/2023-Central Excise, dated the 3rd April, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 267(E), dated the 3rd April, 2023. अजधसचू ना ubZ fnYyh] 18 vizSy] 2023 (सख्ं या 19/2023-केन्‍दर ीय उत्प ाद िल्ु क ) सा.का.जन. 304(अ).—केंरीय सरकार, जवत् त अजधजनयम, 2002 (2002 का 20) की धारा 147 के साथ पठित केन्‍द रीय उत् पाद िल्ु क अजधजनयम, 1944 (1944 का 1) की धारा 5क के अधीन प्रदत् त िजियों का प्रयोग करत े हुए, यह समाधान हो िान े पर कक ऐसा करना लोक जहत म ें आवश् यक ह,ै भारत सरकार, जवत् त मत्रं ालय (रािस्ट् व जवभाग) की अजधसूचना संख् या 4/2022-केन्‍द रीय उत् पाद िुल् क, कदनांक 30 िून, 2022, जिसे संख्या सा.का.जन. 492 (अ), कदनांक 30 िून, 2022 म ें भारत के रािपत्र, असाधारण, भाग II, खडं 3, उप खडं (i) म ें प्रकाजित ककया गया था, म ें और आग े भी जनम्न जलजखत संिोधन करती ह,ै यथा:- उक्त अजधसूचना म,ें सारणी म,ें[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 (i) क्रमांक 2 के सामने, कॉलम (4) म ें प्रजवजि के जलए, प्रजवजि "रु. िून्‍दय प्रजत लीटर" को प्रजतस्ट्थाजपत ककया िाएगा । 2. यह अजधसूचना 19 अप्रैल, 2023 से प्रवृत्त होगी । [फा. स.ं 354/15/2022-टीआरय]ू अमृता टाइटस, उप-सजचव नोट : मख्ु य अजधसूचना संख्या 04/2022-केन्‍द रीय उत् पाद िल्ु क, कदनांक 30 िून, 2022 जिसे सा.का.जन. संख्या 492 (अ), कदनांक 30 िून, 2022 के तहत भारत के रािपत्र, असाधारण, भाग II, खंड 3, उपखंड (i) में प्रकाजित ककया गया था और इसमें अंजतम बार अजधसूचना संख्या 17/2023- केन्‍द रीय उत् पाद िुल् क, कदनांक 3 अप्रलै , 2023 जिसे सा.का.जन. संख्या 268 (अ), कदनांक 3 अप्रलै , 2023 के तहत भारत के रािपत्र, असाधारण, भाग II, खंड 3, उप-खंड (i) म ें प्रकाजित ककया गया था। NOTIFICATION New Delhi, the 18th April, 2023 (No.19/2023-Central Excise) G.S.R. 304(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. Nil per litre” shall be substituted; 2. This notification shall come into force on the 19th April, 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.17/2023-Central Excise, dated the 3rd April, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 268(E), dated the 3rd April, 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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