Effective Rate of Duty of excise - Basic Excise Duty on Unblended Petrol and Diesel, in order to promote Blending in the country - extend the date for additional duty for unblended fuels - Seeks to further amend No. 11/2017-Central Excise.
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....ATION NO. 31/2022 -Central Excise New Delhi, the 30th September, 2022 G.S.R. 753(E).-In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), and in supersession of notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 01/2022-Central Excise, dated 1st February, 2022, published in the Gazette of In....
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....n this Sl. No. shall apply to motor spirit, commonly known as petrol, which is intended for retail sale to consumers, not so blended with ethanol or methanol as conforming to Bureau of Indian Standards specifications from time to time for blended motor spirit."; (ii) after Sl. No. 2 and the entries relating thereto, the following serial number and entries shall be inserted, namely: - "2A. 2710....
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.... for blended diesel."; (iv) after Sl. No. 3 and the entries relating thereto, the following serial number and entries shall be inserted, namely:- "3A. 27101930 High speed diesel (HSD) intended for retail sale, not so blended with alkyl esters of long chain fatty acids obtained from vegetable oils, commonly known as bio-diesels as conforming to Bureau of Indian Standards specifications from ti....