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of <h1>Finance Bill 2021 Proposes Cess and Surcharge Exemptions for Blended Fuels Like M-15 and E-20 to Encourage Usage.</h1> The Budget 2021-22 and Finance Bill, 2021 propose exemptions from cesses and surcharges for blended fuels such as M-15 and E-20. These exemptions are similar to those already in place for other blended fuels like E-5 and E-10, provided the fuels are made from duty-paid inputs. This amendment to central excise notifications aims to promote the use of blended fuels by reducing the financial burden associated with cesses and surcharges.
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