Clause 201 - Amendment of Act 13 of 2018. - FINANCE (No. 2) BILL, 2019

PART XVIII

AMENDMENT TO THE FINANCE ACT, 2018

Amendment of Act 13 of 2018.

201. In the Finance Act, 2018, in the Sixth Schedule, against Item Nos. 1 and 2, for the entry in column (3), the entry “₹ 10 per litre” shall be substituted.

 

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Notes on Clauses:

Clause 201 of the Bill seeks to amend the Sixth Schedule to the Finance Act, 2018, so as to increase the rate of road and infrastructure cess on motor spirit commonly known as petrol and high speed diesel oil , from rupees 8 per litre to rupees 10 per litre.