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of <h1>India Withdraws Excise Duty Exemption on Ethanol from 2015-16 Molasses for Petrol Blending via Notification No. 30/2016.</h1> The Government of India, through Notification No. 30/2016-Central Excise, dated 10th August 2016, has amended Notification No. 12/2012-Central Excise to withdraw the excise duty exemption on ethanol produced from molasses generated during the 2015-16 sugar season. This amendment affects ethanol supplied to public sector oil marketing companies for blending with petrol. The specific changes involve omitting serial number 40A and related entries from the original notification. This decision is made under the authority of the Central Excise Act, 1944, and is deemed necessary in the public interest.
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