Excise exemption expands to specified ethanol-blended petrol variants meeting BIS standards and prescribed blend ratios.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Notification amends the Central Excise exemption table by inserting new entries for 22%, 25%, 27% and 30% ethanol blended petrol, each classified under tariff heading 2710 12 and attracting Nil duty when the blend consists of the specified proportions of duty-paid motor spirit and ethanol and conforms to BIS specification IS 19850. It also expands Explanation 2 so that the newly inserted entries are covered for the purposes of the principal notification. The operative effect is to extend the excise exemption framework to the listed ethanol-blended petrol variants.....