Exempts 5% Ethanol Blended Petrol - 063/2002 - Central Excise - Tariff

Excise exemption for ethanol blended petrol removes excise duty where motor spirit and ethanol duties are paid and standards met.

Exempts ethanol blended petrol from the whole of the additional duty of excise where the blend consists of motor spirit and ethanol on which the appropriate duties of excise have been paid and where the blend conforms to Bureau of Indian Standards specification 2796; defines 'appropriate duties of excise' to include duties under the Central Excise Tariff, additional duties under finance enactments and special additional excise duty, read with applicable exemption notifications, and limits the exemption to the specified period of operation.