Central board of indirect taxes and customs (“CBIC”) CBIC increases special additional excise duty on diesel to Rs. 11.50 per litre
November 10, 2022
Our November newsletter highlights various notifications that have been issued by the CBIC as well as important case alerts related to Tax. In an notification issued by Central Board of Indirect Taxes and Customs (“CBIC”), where they have amended Notification No. 04/2022 to Notification 37/2022 in order to increase Special Additional Excise Duty (“SEAD”) on Diesel to INR 11.50 per litre.