https://www.taxtmi.com/news?id=16718 The pricing mechanism for ethanol under the Ethanol Blended Petrol Programme sets an administered purchase price for the ethanol supply year, with excise duty, VAT/GST and transportation charges payable to suppliers as actuals, and requires proportionate adjustment of petrol retail price changes by Public Sector OMCs to maintain the fixed cost of ethanol purchase; the government may review and revise ethanol prices during the supply period to ensure price stability and remunerative returns for suppliers. en-us Thu, 13 Oct 2016 14:13:54 +0530 Thu, 13 Oct 2016 14:13:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16718 The pricing mechanism for ethanol under the Ethanol Blended Petrol Programme sets an administered purchase price for the ethanol supply year, with excise duty, VAT/GST and transportation charges payable to suppliers as actuals, and requires proportionate adjustment of petrol retail price changes by Public Sector OMCs to maintain the fixed cost of ethanol purchase; the government may review and revise ethanol prices during the supply period to ensure price stability and remunerative returns for suppliers. News - Thu, 13 Oct 2016 14:13:54 +0530 https://www.taxtmi.com/news?id=16718