Seeks to increase the Additional Duty of Customs (commonly known as Road Cess) levied on motor spirit (petrol).
March, 03rd 2015
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,
SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
New Delhi, the 1st March, 2015.
G.S.R. (E).- In exercise of the powers conferred by section 103 of the Finance
(No.2) Act, 1998 (21 of 1998), read with sub-section (1) of section 25 of the Customs Act,
1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public
interest so to do, hereby exempts motor spirit commonly known as petrol, falling under
heading 2710 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when
imported into India, from so much of the additional duty of customs leviable thereon
undersection 103 read withthe Second Scheduleto the said Finance (No.2)Act, 1998, as is in
excess of the amount calculated at the rate of rupees six per litre.
Under Secretary to the Government of India