Effective rate of excise duty on petroleum products amended; bio diesel blends exempted subject to duty compliance. The notification amends the central excise effective rate table by substituting tariff entries to grant nil duty for naphtha used in fertilizer and ammonia manufacture (when fertilizer is cleared from the factory), replacing entries for motor spirit and High Speed Diesel with specified per litre excise rates for branded and non branded categories, inserting an exemption for diesel blended with bio diesel up to a capped proportion subject to payment of appropriate duties on components, and altering the duty column for multiple listed tariff entries to a revised uniform rate.
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Provisions expressly mentioned in the judgment/order text.
Effective rate of excise duty on petroleum products amended; bio diesel blends exempted subject to duty compliance.
The notification amends the central excise effective rate table by substituting tariff entries to grant nil duty for naphtha used in fertilizer and ammonia manufacture (when fertilizer is cleared from the factory), replacing entries for motor spirit and High Speed Diesel with specified per litre excise rates for branded and non branded categories, inserting an exemption for diesel blended with bio diesel up to a capped proportion subject to payment of appropriate duties on components, and altering the duty column for multiple listed tariff entries to a revised uniform rate.
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