[TO BE PUBLISHED IN THE
GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT
OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification
No. 12/2018-Central Excise
New Delhi, the
2nd February, 2018
G.S.R. ……( E)- In
exercise of the powers conferred by sub-section (1) of section 5A of the
Central Excise Act, 1944 (1 of 1944), read with clause 110 of the Finance Bill,
2018 (4 of 2018), which, by virtue of the declaration made in the said Finance
Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the
force of law, the Central Government, being satisfied that it is necessary in
the public interest so to do, hereby exempts 10% ethanol blended petrol that is
a blend, -
(a)
consisting, 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 central tax, State tax, Union territory tax or integrated tax,
as the case may be, have been paid and;
(b)
conforming to Bureau of Indian Standards specification 2796, from the whole of
the additional duty of excise (Road and Infrastructure Cess) leviable thereon
under the aforesaid clause of the Finance Bill, 2018.
Explanation. - For the purposes of this
notification,
(a) “appropriate
duties of excise" shall mean the duties of excise as leviable under the
Fourth Schedule to the Central Excise Act, 1944 (1 of 1944), the additional
duty of excise leviable under clause 110 of the Finance Bill, 2018 (4 of 2018)
and the special additional excise duty leviable under section 147 of the
Finance Act, 2002 (20 of 2002), read with any relevant exemption notification
for the time being in force; and
(b) “appropriate central tax, State tax, Union
territory tax and integrated tax” shall mean the central tax, State tax, Union
territory tax and integrated tax as leviable under the Central Goods and
Services Tax Act, 2017 (12 of 2017), the State Goods and Services Tax Act of
the State concerned, the Union Territory Goods and Services Tax Act, 2017(14 of
2017) and the Integrated Goods and Services Tax Act, 2017(13 of 2017).
[F. No.
334/04/2018-TRU]
(Gunjan Kumar
Verma)
Under Secretary to the Government of India
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