The Central Board of Indirect Taxes and Customs (CBIC) has notified that no excise duty is leviable on ethanol blended petrol. The government is empowered under sub-section (1) of section 5A of the Central Excise Act, 1944, amended the notification No. 11/2017-Central Excise, dated the 30th June, 2017. The CBIC has notified that no excise duty is leviable on 12% ethanol blended...
