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Core Purpose

Two Central Excise notifications amending duty rate entries in earlier Central Excise notifications under section 5A of the Central Excise Act, 1944.

Detailed Summary

The Ministry of Finance (Department of Revenue) issued two notifications dated 1st January 2024, both effective 2nd January 2024, under section 5A of the Central Excise Act, 1944 (1 of 1944) read with section 147 of the Finance Act, 2002 (20 of 2002): Notification No. 01/2024-Central Excise (G.S.R. 1(E)) amends Notification No. 18/2022-Central Excise dated 19th July 2022 (G.S.R. 584(E), last amended by Notification No. 41/2023-Central Excise dated 18th December 2023, G.S.R. 896(E)) by substituting the entry against S. No. 1 with 'Rs. 2300 per tonne' and against S. No. 2 with 'Rs. Nil per litre'; Notification No. 02/2024-Central Excise (G.S.R. 2(E)) amends Notification No. 04/2022-Central Excise dated 30th June 2022 (G.S.R. 492(E), last amended by Notification No. 42/2023-Central Excise dated 18th December 2023, G.S.R. 897(E)) by substituting the entry against S. No. 2 with 'Rs. Nil per litre'; both notifications were issued under File No. 354/15/2022-TRU and signed by Nitish Karnatak, Under Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-01012024-251042 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 1] NEW DELHI, MONDAY, JANUARY 1, 2024/PAUSHA 11, 1945 28 GI/2024 (1) MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 1st January, 2024 No. 01/2024-Central Excise G.S.R. 1(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. 2300 per tonne" shall be substituted; (ii) 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 2nd day of January, 2024. [F. No. 354/15/2022-TRU] NITISH KARNATAK, Under 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. 41/2023-Central Excise, dated the 18th December, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 896(E), dated the 18th December, 2023. NOTIFICATION New Delhi, the 1st January, 2024 No. 02/2024-Central Excise G.S.R. 2(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 2nd day of January, 2024. [F. No. 354/15/2022-TRU] NITISH KARNATAK, Under 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. 42/2023-Central Excise, dated the 18th December, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 897(E), dated the 18th December, 2023.

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