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of <h1>Central Govt exempts Motor Spirit from excise duty for ethanol blends per Notification No. 61/2008-Central Excise.</h1> The Central Government, under the powers of the Central Excise Act, 1944, has issued Notification No. 61/2008-Central Excise dated December 24, 2008, exempting Motor Spirit (petrol) from excise duty when used in ethanol blended petrol. This exemption applies to petrol manufactured or cleared from an oil refinery or registered warehouse for use in a blend containing 90% petrol and 10% ethanol, conforming to Bureau of Indian Standards specification 2796. The exemption is applicable when the manufacturer and buyer are unrelated, and the price is the sole consideration.
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