The Central Board of Indirect Taxes and Customs (CBIC) has amended the notification no. 18/2022-Central Excise, dated the 19th July, 2022, to change the Special Additional Excise Duty (SAED) on production of petroleum crude vide notification no. 28/2023-Central Excise issued on 1st September 2023. The new notification came into force on 2nd September 2023. The…
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