SAED Windfall Tax on Petrol Cut to Nil from Rs. 3.5 per litre w.e.f. 15 Aug. 2026
[Notification No.
43/2026-Central Excise dated 14 August, 2026]
Seeks
to amend Notification No. 06/2026-Central Excise dated 26.03.2026 to revise the
Special Additional Excise Duty (SAED) rates on exports of petrol outside India.
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 147 of Finance Act, 2002 (20 of 2002), the Central Government, 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. 06/2026-Central Excise, dated the 26th March, 2026, published
in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 205(E), dated the 26th March, 2026,
namely:-
In the said notification, in the Table,
against serial number 1, in column
(4), for the entry, the entry “Nil”
shall be substituted.
2.
This notification shall come into force with effect from 15th August,
2026.
[F.
No. 190349/13/2026-TRU]