Seeks to exempt Agriculture Infrastructure and Development Cess on blended fuels.

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....n (3) of the Table and falling within the Chapter, heading or sub-heading or tariff item of the Fourth Schedule to the Excise Act, as specified in the corresponding entry in column (2) of the said Table, from so much of the additional duty of excise (Agriculture Infrastructure and Development Cess) leviable thereon under the ^2[aforesaid section 125 of the Finance Act, 2021 (13 of 2021)], as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table: Table S. No. Chapter or heading or sub-heading or tariff item Description of goods Rate (1) (2) (3) (4) 1. 2710 5% ethanol blended petrol that is a blend, - (i) consisting, by volume, of 95% motor....

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....the case maybe, have been paid; and (b) conforming to the Bureau of Indian Standards specification IS 17586. Nil 3B 2710 12 44 15% ethanol blended petrol that is a blend, - (a) consisting, by volume, of 85% motor spirit, (commonly known as petrol), on which the appropriate duties of excise have been paid and of 15% ethanol on which the appropriate Central tax, State tax, Union territory tax or Integrated tax, as the case maybe, have been paid; and (b) conforming to the Bureau of Indian Standards specification IS 17586. Nil] ^5[3C. 2710 12 22% ethanol blended petrol that is a blend, - (i) consisting, by volume, of 78% motor spirit, (commonly known as petrol), on which the appropriate duties of excise have ....

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....n Standards specification IS 19850. Nil] 4. 2710 12 49 15% methanol blended petrol that is a blend,- (i) consisting of motor spirit (commonly known as petrol), on which the appropriate duties of excise have been paid and of methanol and co-solvents on which the appropriate Central tax, State tax, Union territory tax or Integrated tax, as the case may be, have been paid; and (ii) conforming to the Bureau of Indian Standards specification 17076. Nil 5. 2710 ^4[High speed diesel oil blended with bio -diesel, up to 20% by volume, that is, a blend, consisting 80% or more of high speed diesel oil, on which the appropriate duties of excise have been paid and, up to 20% bio -diesel on which the appropriate Central tax,....

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....-2021 before it was read as, "clause 116 of the Finance Bill, 2021 (15 of 2021), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law" 1A. Substituted vide Notification No. 08/2021-Central Excise dated 08-04-2021 before it was read as, "clause 116 of the Finance Bill, 2021 (15 of 2021), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law" 2. Substituted vide Notification No. 08/2021-Central Excise dated 08-04-2021 before it was read as, "aforesaid clause 116 `of the Finance Bill, 2021" 3. Inser....