CBIC prescribes mechanism for implementation of additional excise duty on sale of unblended petrol: Circular
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- By Chetan Kulasri
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- Last Updated on 3 November, 2022
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Circular No. 1085/06/2022-CX dated October 31st, 2022
The CBIC has received representations seeking clarification on mechanism for levy of additional excise duty on unblended motor spirit since blending takes places at depots after clearance from refinery. Therefore, the CBIC has prescribed mechanism and detailed procedure for smooth implementation of levy of additional excise duty at rate of Rs. 2 per litre on sale of unblended motor spirit also known as petrol.
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