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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 05/2021-Central Excise
New Delhi, the 1st February, 2021
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 section 112 of the
Finance Act, 2018 (13 of 2018), the Central Government being satisfied that it
is necessary in the public interest so todo, hereby exempts 15% methanol blended
petrol that is a blend, -
(a) consisting of motor spirit (commonly known as
petrol), on which the appropriate duties of excise have been paid and of
methanol and co-solvents 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 the Bureau of Indian Standards specification 17076, from the whole
of the additional duty of excise (Road and Infrastructure Cess) leviable thereon
under the aforesaid section of the Finance Act, 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 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 clause 116 of the Finance Bill, 2021 (15 of 2021), 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, 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).
2. This notification shall come into
force on the 2nd February, 2021
[F. No. 334/02/2021-TRU]
(Rajeev Ranjan)
Under Secretary to the
Government of India
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