CENVAT leviable on high speed diesel and the special duty of excise on motor spirit (commonly known as petrol), falling under heading No.27.10 of the First Schedule should be increased

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....ol), falling under heading No.27.10 of the First Schedule should be increased (This Notification has been rescinded vide Notification No.12/2002 -CE.,Dt.1/3/2002) NOTIFICATION NO. 01/2002-CE DATED 11/01/2002 WHEREAS the Central Government is satisfied that the duty of excise [called the Central Value Added Tax (CENVAT)] leviable on high speed diesel and the special duty of excise on motor spir....

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....in column (4), the entry "20%" shall be substituted; (ii) in the Second Schedule to the said Central Excise Tariff Act, against sub-heading No.2710.19 occurring in column (2), for the entry in column (4), the entry "74%" shall be substituted. 2. This notification shall come into force on the 12th day of January, 2002 and shall cease to have effect on the 1st day of April, 2002. F.No.354/1/2002....