Central Exercise duty changes on Petrol and Diesel, Indian Budget 2019-20

Budget 2019-20, Exercise duty changes under HS code Chapter 27, Mineral Fuels, Mineral Oils

 

Excise duty changes as per budget 2019-20 under HS code Chapter 27

As per Indian Budget 2019-20, the following Central Excise Duty changes have been declared on petrol, diesel, crude oil etc.

1              2709 20 00                           Petroleum crude                              Nil           Re.1 per tonne

                                                                Special additional excise duty                                    

2              2710       Motor spirit commonly                 Rs 7 per                                                Rs 8 per

                                                known as petrol                               litre                                        litre                                       

3              2710                       High speed diesel oil       Re 1 per litre      Rs 2 per litre

 

Road and infrastructure cess

4              2710                       Motor spirit commonly                  Rs 8 per                     Rs 9 per

                                                known as petrol, High                    litre           litre

                                                speed diesel oil

Do you wish to comment about the above changes in  import excise duty on petrol, diesel and other crude oil under Indian Budget 2019-20

 

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