The Special Additional Excise Duty (SAED) imposed on domestically produced petroleum products have been revised, following the earlier revision on July 20 and August 03, 2022.
- SAED on domestically produced crude decreased to INR 13,330 per tonne
- SAED on export of diesel increased to INR 6 per litre from INR 15 per litre
- SAED on export of aviation turbine fuel of INR 2 per litre (exempted as per last revision)
The relevant notifications No. 23 & 24 /2022, which shall be effective August 19, 2022, can be accessed here.