Excise duty exemption for ethanol blended petrol creates concessional surcharge and duty exemptions for 5% blends. Excise duty treatment for petrol blended with ethanol is modified to promote manufacture of 5% ethanol blended petrol by exempting the blended product from central excise duties, Special Additional Excise Duty and Additional Duty of Excise where duties on the blended fuel have been paid, and by prescribing a concessional rate of Special Additional Excise Duty on motor spirit when intended for manufacture of that blend; the blend is defined by volume and must conform to the relevant BIS specification.
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Provisions expressly mentioned in the judgment/order text.
Excise duty exemption for ethanol blended petrol creates concessional surcharge and duty exemptions for 5% blends.
Excise duty treatment for petrol blended with ethanol is modified to promote manufacture of 5% ethanol blended petrol by exempting the blended product from central excise duties, Special Additional Excise Duty and Additional Duty of Excise where duties on the blended fuel have been paid, and by prescribing a concessional rate of Special Additional Excise Duty on motor spirit when intended for manufacture of that blend; the blend is defined by volume and must conform to the relevant BIS specification.
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