The Central Board of Indirect Taxes and Customs (CBIC) has rescinded the notification exempting duties on petrol, diesel and aviation turbine fuel (ATF) cleared for exports.
“The Central Government, being satisfied that it is necessary in the public interest so to do, hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 08/2022- 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. 496(E), dated the 30th June, 2022, except as respects things done or omitted to be done before such rescission.” the CBIC notified.
The CBIC vide Notification No. 31/2024-Central Excise dated December 03, 2024, rescinds the Notification No. 08/2022-Central Excise June 30, 2022. The notification shall come into force with immediate effect.
Notification Details
Notification No. 31/2024-Central Excise
Date: 03/01/2025