Blending of Petrol with Ethanol - excise duty exemption - regarding
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....ver, the surcharge on motor spirit, intended for use in the manufacture of 5% ethanol blended petrol, will now be Rs. 5.70 per litre. Notification Nos. 62/2002-CE, 63/2002-CE and 64/2002-CE all dated 31.12.2002 have now been issued to implement this decision of the Government These notifications also define the term "5% ethanol blended petrol" as a blend, by volume, consisting of 95% petrol and 5%....
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....itional Excise Duty on Motor Spirit (commonly known as petrol), when intended for use in manufacture of 5% ethanol blended petrol, and (b) exempt 5% ethanol blended petrol (manufactured from blending of motor spirit (commonly known as petrol) and ethanol, on which the appropriate duties of excise have been paid), from the whole of the Special Additional Excise Duty leviable thereon. 3. Notificat....