CENTRAL EXCISE Notification No 03 of 2020 dated 13th March, 2020

 

 

Notification no 03/2019 CENTRAL EXCISE date on 13th March, 2020

 

 

Seeks to amend notification No. 05/2019-Central Excise dated 6th July, 2019 so as to increase effective rate of Special Additional Excise Duty (SAED) on petrol and diesel by Rs. 2 per litre. 

The extract of CENTRAL EXCISE Notification No. 03/2020- CENTRAL EXCISE is given below: 

Notification No. 03/2020-CENTRAL EXCISE

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE) 

Notification No. 3/2020-Central Excise

 

New Delhi, the 13th March, 2020 

G.S.R. (E). – In exercise of the powers conferred by section 147 of Finance Act, 2002 (20 of 2002), read with section 5A of the Central Excise Act, 1944 (1 of 1944) (herein after referred to as the Excise Act), the Central Government being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 05/2019-Central Excise, dated the 6th July, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 488(E), dated the 6th July, 2019, namely:-

 

In the said notification, in the Table,-

 

(i)     against Sl. No. 1, for the entry in column (4), the entry “Rs. 10 per litre” shall be substituted;

 

(ii)   against Sl. No. 2, for the entry in column (4), the entry “Rs. 4 per litre” shall be substituted;

 

  1. This notification shall come into force with effect from the 14th March, 2020.

 

[F.No.354/123/2014-TRU (Pt-1)] 

(Gaurav Singh)

Deputy Secretary to the Government of India

 

 

Learn Exports Imports Free, Click here

Click here to know GST rate of your goods or service

Export marketing : How to get order

How to import goods?

Pre-Import Procedure

Export Procedures and Documentation

Why Prohibition to import goods

What is said to contain in Bill of Lading.  

Can an importer take delivery of goods without original bill of lading?

What is House BL House Bill of Lading 

Can Bill of Lading (BL) be before date of Certificate of origin GSP? 

What is Express Release Bill of Lading?

Can Bill of Lading be surrendered at port of loading?  

Transferability of Bill of Lading 

What is charter party bill of lading?  

How  transshipment bill of lading works?  

What is Combined Bill of Lading / Multi model Bill of Lading  

Unclean Bill of Lading/Claused bill of lading/foul bill of lading/Dirty Bill of Lading 

What is Clean on board Bill of Lading? 

Is received for shipment Bill of Lading sufficient for LC negotiation? 

Different types of Bill of Lading 

3 Reasons under Importance of bill of lading in international trade  

When can an exporter get bill of lading from shipping company? 

Difference between CGST and SGST

What is SGST in brief?

What is IGST in brief?

Difference between SGST and CST

Difference between SGST and VAT

What is Job work procedure under GST 

Meaning of ITC Ledger of Tax Payer under GST 

ISD Return Means

Interest on delayed payment of tax, Section 50 of CGST Act, 2017            

Power to grant exemption from tax under section 6 of IGST Act,2017

Section 47 of CGST Act, 2017 Levy of late fee

Import goods attracts IGST and CVD under GST regime

Import Goods attract IGST, CVD and Compensation Cess under GST regime

Safeguard duty and Anti-dumping duty after GST implementation



Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers