NTF. NO. 14/2022-CE, DT. 12/07/2022
Seeks to exempt E12 and E15 blended fuel from Road and Infrastructure Cess (RIC)
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) (hereinafter referred to as the Excise Act), read withsection 112 of the Finance Act, 2018 (13 of 2018), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the excisable goods of the description specified in column (3) of the following Table and falling within the tariff item of the Fourth Schedule to the Excise Act, as specified in the corresponding entry in column (2) of the said Table, from the whole of the additional duty of excise (Road and Infrastructure Cess) leviable thereon under the said section 112 of the Finance Act, 2018, as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table, namely:-
Table
|
Sl. No. |
Tariff item |
Description of goods |
Rate |
|
(1) |
(2) |
(3) |
(4) |
|
1. |
27101243 |
12% ethanol blended petrol that is a blend, -
(a)consisting, by volume, of 88% motor spirit, (commonly known as petrol), on which the appropriate duties of excise have been paid and of 12% ethanol on which the appropriate Central tax, State tax, Union territory tax or integrated tax, as the case maybe, have been paid; and
(b)conforming to the Bureau of Indian Standards specification IS 17586. |
Nil |
|
2. |
27101244 |
15% ethanol blended petrol that is a blend, -
(a)consisting, by volume, of 85% motor spirit, (commonly known as petrol), on which the appropriate duties of excise have been paid and of 15% ethanol on which the appropriate Central tax, State tax, Union territory tax or integrated tax, as the case maybe, have been paid; and
(b)conforming to the Bureau of Indian Standards specification IS 17586. |
Nil. |
Explanation. -
(i) 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(Road and Infrastructure Cess)leviable under section 112 of the Finance Act, 2018 (13 of 2018), the special additional excise duty leviable under section 147 of the Finance Act, 2002 (20 of 2002) and the additional duty of excise (Agriculture Infrastructure and Development Cess) leviable under section 125of the Finance Act, 2021 (13of 2021), read with any relevant exemption notification for the time being in force.
(ii) 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 ofthe 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. CBIC-190354/295/2021-TRU]
(Vikram Vijay Wanere)
Under Secretary to the Government of India
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