Excise Hiked
on Diesel to Rs. 1.46 per litre from Nil
Petrol Excise Cut to Rs. 1.20 per litre from Rs.
6.35 per litre
[Ref: Notification No.35/2012 –Central Excise dated 14th
September, 2012]
In exercise of the
powers conferred by sub-section (1) of section 5A of the Central Excise Act,
1944 (1 of 1944), 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. 12/2012-Central Excise, dated the 17thMarch,
2012, published in the Gazette of India, Extraordinary vide number G.S.R.163
(E) dated 17th March, 2012, namely:-
In the said
notification, in the Table,-
(i)
in Sl. No. 70,
for the entry in column (4),
against item (i), the entry “`1.20 per litre”
shall be substituted;
(ii) in Sl. No. 71, for the entry in column (4), against item (i), the entry “`1.46 per litre” shall be
substituted.
[F. No. 354/95/2008 –TRU
(Part-II)]