{"id":74414,"date":"2023-09-25T18:48:18","date_gmt":"2023-09-25T13:18:18","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=74414"},"modified":"2024-05-22T15:30:17","modified_gmt":"2024-05-22T10:00:17","slug":"cbic-inotification-31-2023","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/cbic-inotification-31-2023\/","title":{"rendered":"CBIC issues Notification No. 31\/2023-Central Excise reducing Special Additional Excise Duty on export of Diesel"},"content":{"rendered":"

The Central Board of Indirect Taxes (CBDT) has on 15th<\/sup> September 2023 issued Notification No. 31\/2023-Central Excise. In this notification, the CBDT has amended the special additional excise duty on the export of diesel. It has been reduced to INR 5.50 per litre, which was earlier INR 6 per litre. This reduction is expected to impact diesel exports’ cost structure and competitiveness. The amendment<\/a> has been made by utilising the power conferred under section 5A of the Central Excise Act, 1944, read with section 147 of the Finance Act. 2002 and will come into force on 16th<\/sup> September 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Central Board of Indirect Taxes (CBDT) has on 15th September 2023 issued Notification No. 31\/2023-Central Excise. In this notification, the CBDT has amended the special additional excise duty on the export of diesel. It has been reduced to INR 5.50 per litre, which was earlier INR 6 per litre. This reduction is expected to […]<\/p>\n","protected":false},"author":56,"featured_media":74526,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[11305],"tags":[11307],"acf":{"service_id":"588"},"yoast_head":"\nCentral Excise reducing Special Additional Excise Duty on export of Diesel & CBIC issues Notification No. 31\/2023<\/title>\n<meta name=\"description\" content=\"CBDT has amended the special additional excise duty on the export of diesel. It has been reduced to INR 5.50 per litre, which was earlier INR 6 per litre.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/cbic-inotification-31-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central Excise reducing Special Additional Excise Duty on export of Diesel & CBIC issues Notification No. 31\/2023\" \/>\n<meta property=\"og:description\" content=\"CBDT has amended the special additional excise duty on the export of diesel. It has been reduced to INR 5.50 per litre, which was earlier INR 6 per litre.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/cbic-inotification-31-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-25T13:18:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-22T10:00:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2023\/09\/CBIC-issues-Notification-No.-312023-Central-Excise-reducing-Special-Additional-Excise-Duty-on-export-of-Diesel.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"840\" \/>\n\t<meta property=\"og:image:height\" content=\"441\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Margesh Rai","authorImageUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2024\/03\/margesh.kumar_.rai_.png","authorDescription":"Margesh Kumar Rai is a passionate and versatile content writer with 6+ years of combined experience as a content writer and content moderator in BFSI, Fintech, Growth Advisory, Business Valuation, Debt Recovery, etc. His interest in the field of startup consulting and compliance support pulled him into the space of legal fintech research.","postViews":419,"readingTime":1,"nextPost":{"id":74379,"slug":"cbic-inotification-30-2023"},"prevPost":{"id":74491,"slug":"companies-obliged-to-file-fla-returns"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2023\/09\/CBIC-issues-Notification-No.-312023-Central-Excise-reducing-Special-Additional-Excise-Duty-on-export-of-Diesel.jpg","postTerms":"CBIC Notification","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/74414"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=74414"}],"version-history":[{"count":5,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/74414\/revisions"}],"predecessor-version":[{"id":74446,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/74414\/revisions\/74446"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/74526"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=74414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=74414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=74414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}