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CHANGE IN EFFECTIVE RATE OF BASIC EXCISE DUTY AND SPECIAL ADDITIONAL EXCISE DUTY ON PETROL AND DIESEL [to be effective from 02.02.2021]

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Budget 2021-22 + FINANCE Bill, 2021

CHANGE IN EFFECTIVE RATE OF BASIC EXCISE DUTY AND SPECIAL ADDITIONAL EXCISE DUTY ON PETROL AND DIESEL [to be effective from 02.02.2021]

Consequent to imposition of AIDC, the Basic Excise Duty (BED) and Special Additional Excise Duty (SAED) on Petrol and High-speed diesel is being reduced so that consumer does not have to bear any additional burden on account of imposition of AIDC. The revised duty structure on petrol and HSD shall be as follows.

A

Item

BED(Rs/Ltr)

SAED(Rs/Ltr)

AIDC (Rs/Ltr)

1

Petrol (unbranded)

1.4

11

2.5

2

Petrol (branded)

2.6

11

2.5

3

 High speed diesel (unbranded)

1.8

8

4

4

High speed diesel (branded)

4.2

8

4

 


Full Text:

Budget 2021-22 + FINANCE Bill, 2021

 

Dated: 1-2-2021



 

 

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