CBIC Withdraws Road and Infrastructure Cess On Export Of Petrol And High Speed Diesel Oil

Date:

The Central Board Of Indirect Taxes and Customs (CBIC) has notified the withdrawal of road and infrastructure cess on export of petrol and high speed diesel oil.

The board empowered under section 112 of Finance Act, 2018 read with section 5A of the Central Excise Act, 1944 and Section 21 of General Clauses Act, 1897, being satisfied that it is necessary in the public interest so to do, rescinded the notifications imposing road and infrastructure cess on export of petrol and high speed diesel oil.

The board has rescinded the notification No. 10/2022- Central Excise, dated the 30th June and No. 11/2022- Central Excise, dated the 30th June.

This notification shall come into force with effect from 2/12/2024.

Read More: CBIC Withdraws SAED On Production Of Petroleum, Crude And On Export Of Aviation Turbine Fuel, Motor Spirit

Notification Details

Notification No. 30/2024-Central Excise

Date: 2nd December, 2024

Mariya Paliwala
Mariya Paliwalahttps://jurishour.in/
Mariya is the Senior Editor at JurisHour. She has 5+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started as a freelance tax reporter in the leading online legal news companies like LiveLaw & Taxscan.

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