Central Government amends Central Excise Act's Fourth Schedule, updating petroleum product tariffs in Chapter 27. Effective upon publication.

The Central Government has issued Notification No. 08/2019-Central Excise, amending the Fourth Schedule of the Central Excise Act, 1944. The amendments pertain to Chapter 27, involving updates to supplementary notes and tariff items related to petroleum products. The changes include specifications for light oils, naphtha, solvents, gasoline, kerosene, diesel, fuel oils, and lubricating oils, aligning them with the latest Bureau of Indian Standards. The notification specifies duty rates for certain items and will take effect upon publication in the Official Gazette.

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