Road and Infrastructure Cess on Diesel Cut to Nil from Re.1 per litre w.e.f. 4 March, 2023

[Notification No. 12/2023-Central Excise dated 3 March, 2023]

Seeks to further amend No. 10/2022-Central Excise, dated the 30th June, 2022, to reduce the Road and Infrastructure Cess on Diesel.

G.S.R. ......(E). - In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 of 1944) read with section 112 of Finance Act, 2018 (13 of 2018), the Central Government, on 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. 10/2022-Central Excise, dated the 30th June, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 498 (E), dated the 30th June, 2022, namely:-

In the said notification, in the Table, against S. No. 2, for the entry in column (4), the entry “Nil” shall be substituted.

2. This notification shall come into force on the 4th day of March, 2023.

[F. No. 354/15/2022-TRU]