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of <h1>India Exempts Certain Blended Fuels from Additional Excise Duty as per Notification No. 03/2021-Central Excise.</h1> The Government of India, through the Ministry of Finance, issued Notification No. 03/2021-Central Excise on February 1, 2021, exempting certain blended fuels from the additional duty of excise, specifically the Agriculture Infrastructure and Development Cess. The exemption applies to various ethanol and methanol blended petrols and high-speed diesel oil blended with bio-diesel, provided they meet specific standards and have had appropriate duties and taxes paid. The notification specifies different blends and their respective exemptions, effective from February 2, 2021.
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