Seeks to exempt motor spirt, intended for use in 5% ethanol doped petrol, from duty as is in excess of that leviable on motor spirit sold by the manufacturer to an independent buyer - 014/2003 - Central Excise - Tariff
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Excise exemption for ethanol-blended petrol reduces duty to the level charged on motor spirit sold to independent buyers. Motor spirit cleared from an oil refinery or a registered warehouse and intended for use in ethanol blended petrol is exempt from excise duty to the extent that duty exceeds the amount that would have been leviable had the motor spirit been sold by the manufacturer to an unrelated buyer at arm's length, provided the blended fuel conforms to the prescribed quality specification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Excise exemption for ethanol-blended petrol reduces duty to the level charged on motor spirit sold to independent buyers.
Motor spirit cleared from an oil refinery or a registered warehouse and intended for use in ethanol blended petrol is exempt from excise duty to the extent that duty exceeds the amount that would have been leviable had the motor spirit been sold by the manufacturer to an unrelated buyer at arm's length, provided the blended fuel conforms to the prescribed quality specification.
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