TIOL-DDT 1019 · Friday, 26 December 2008 · story 3 of 6

10% Ethanol blended petrol - Notifications

Exempted from excise duty: 10% Ethanol blended petrol consisting of by volume, of 90% Motor spirit, (commonly known as petrol), on which the appropriate duties of excise have been paid and, of 10% ethanol on which the appropriate duties of excise have been paid; and conforming to Bureau of Indian Standards specification 2796, is exempted from the whole of excise duty. -
Notification No. - Dated 24 December 2008

Exempted from additional excise duty: The above kind of Ethanol blended petrol is exempted from special additional excise duty - Notification No. - Dated 24 December 2008

Exempted from special additional excise duty: The above kind of Ethanol blended petrol is exempted from special additional excise duty - Notification No. - Dated 24 December 2008

Value for petrol used in ethanol blended petrol to be the factory price - exempted from so much of the duty of excise leviable thereon under the said Schedules, as is in excess of the duty that would have been leviable on such goods under the said Schedules, if sold by the manufacturer for delivery at the time of removal of such goods or at any other time nearest to the removal of such goods, where the manufacturer and the buyer are not related and the price is the sole consideration. -
Notification No. - Dated 24 December 2008

Also see our stories 'Duty Concession for ethanol mixed petrol - Lapse or lapsed' and Lapsed Lapse Rectified : Ethanol Blended Petrol Exempted

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