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Core Purpose

Notification by the Ministry of Finance (Department of Revenue) under Section 5A of the Central Excise Act, 1944, further amending Central Excise Notification No. 18/2022 to revise the excise duty rate to Rs. 1,600 per tonne, effective 15th July 2023.

Detailed Summary

The Ministry of Finance (Department of Revenue) issued Central Excise Notification No. 23/2023, G.S.R. 505(E), dated 14th July 2023, 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 amending Notification No. 18/2022-Central Excise dated 19th July 2022 (G.S.R. 584(E)). In the Table of the principal notification, against Serial No. 1, the entry in column (4) is substituted with Rs. 1,600 per tonne, effective from 15th July 2023. The principal notification had last been amended vide Notification No. 22/2023-Central Excise dated 15th May 2023 (G.S.R. 366(E)). Signed by Amreeta Titus, Deputy Secretary, File No. 354/15/2022-TRU.

Full Text

EXTRAORDINARY PART II —Section 3 —Sub-section ( i) PUBLISHED BY AUTHORITY No. 406] NEW DELHI, FRIDAY, JULY 14, 2023/ASHADHA 23, 194 5 CG-DL-E-14072023-247329 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 14th July, 2023 (CENTRAL EXCISE ) No. 23/2023 G.S.R. 505(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, publi shed 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. 1,600 p er tonne” shall be substituted; 2. This notification shall come into force on the 15th day of July, 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 publis hed 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. 22/2023 -Central Excise, dated the 15th May, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub -section (i), vide number G.S.R. 366(E), dated the 15th May, 2023. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of P ublications, Delhi -110054.

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