Seeks to exempt M-15 fuel from Road and Infrastructure Cess.
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....on (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with section 112 of the Finance Act, 2018 (13 of 2018), the Central Government being satisfied that it is necessary in the public interest so to do, hereby exempts 15% methanol blended petrol that is a blend, - (a) consisting of motor spirit (commonly known as petrol), on which the appropriate duties of excise have bee....
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....0 of 2002) and the additional duty of excise (Agriculture Infrastructure and Development Cess) leviable under ^1[section 125 of the Finance Act, 2021 (13 of 2021)], read with any relevant exemption notification for the time being in force; and (b) appropriate Central tax, State tax, Union territory tax and Integrated tax shall mean the Central tax, State tax, Union territory tax and Integ....
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