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Core Purpose

Notification further amending Central Excise duty rates under section 5A of the Central Excise Act, 1944, revising the excise duty rate specified in Notification No. 18/2022-Central Excise.

Detailed Summary

Via Notification No. 16/2024-Central Excise, G.S.R. 328(E), dated 14th June 2024, the Ministry of Finance (Department of Revenue), in exercise of powers under section 5A of the Central Excise Act, 1944 (1 of 1944) read with section 147 of the Finance Act, 2002 (20 of 2002), further amended Notification No. 18/2022-Central Excise dated 19th July 2022 (G.S.R. 584(E), Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)). In the Table of the principal notification, against Serial No. 1, the entry in column (4) was substituted to read "Rs. 3250 per tonne," with the amendment taking effect from 15th June 2024. The principal notification had last been amended by Notification No. 15/2024-Central Excise dated 31st May 2024 (G.S.R. 300(E)). The notification (F. No. 354/15/2022-TRU) was signed by Vikram Vijay Wanere, Under Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-14062024-254711 EXTRAORDINARY PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY No. 305] NEW DELHI, FRIDAY, JUNE 14, 2024/JYAISHTHA 24, 1946 3595 GI/2024 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 14th June, 2024 No. 16/2024-Central Excise G.S.R..328(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. 3250 per tonne" shall be substituted; 2. This notification shall come into force on the 15th day of June, 2024. [F. No. 354/15/2022-TRU] VIKRAM VIJAY WANERE, 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. 15/2024-Central Excise, dated the 31st May, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 300(E), dated the 31st May, 2024. 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. AMIT KUMAR Digitally signed by AMIT JAISWAL KUMAR JAISWAL Date: 2024.06.14 22:07:47 +05'30'

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