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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 03/2021-Central Excise
New Delhi, the 1st February, 2021
G.S.R……(E). – In exercise of the powers conferred by section 5A of the Central Excise Act,
1944 (1 of 1944) (hereinafter referred to as the Central Excise Act) read with 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, 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 Table and falling
within the Chapter, heading or sub-heading or tariff item of the Fourth Schedule to the Excise
Act, as specified in the corresponding entry in column (2) of the said Table, from so much of the
additional duty of excise (Agriculture Infrastructure and Development Cess) leviable thereon
under the aforesaid clause 116 of the Finance Bill, 2021, as is in excess of the amount calculated
at the rate specified in the corresponding entry in column (4) of the said Table:
TABLE
S.
No. |
Chapter or heading
or sub-heading or
tariff item |
Description of goods |
Rates |
| (1) |
(2) |
(3) |
(4) |
| 1. |
2710 |
5% ethanol blended petrol that is a blend, -
(i) consisting, by
volume, of 95% motor
spirit, (commonly known as petrol), on
which
the appropriate duties of excise have
been paid and of 5% ethanol on
which the
appropriate Central tax, State tax, Union
territory tax
or Integrated tax, as the case
may be, have been paid; and
(ii)
conforming to the Bureau of Indian
Standards specification 2796. |
Nil |
| 2. |
2710 |
10% ethanol blended petrol that is a blend, -
(i) 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
Nil which
the appropriate Central tax, State tax, Union
territory
tax or Integrated tax, as the case
maybe, have been paid and;
(ii) conforming to the Bureau of Indian
Standards specification 2796. |
Nil |
| 3. |
2710 12 42 |
20% ethanol blended petrol that is a blend, -
(i) consisting, by volume, of 80% motor
spirit (commonly known as
petrol), on which
the appropriate duties of excise have been
paid
and, of 20% ethanol on which the
appropriate Central tax, State tax,
Union
territory tax or Integrated tax, as the case
may be, have
been paid; and
(ii) conforming to the Bureau of Indian
Standards
specification 17021.
|
Nil |
| 4. |
2710 12 49 |
15% methanol blended petrol that is a blend,-
(i) 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
(ii)
conforming to the Bureau of Indian
Standards specification 17076. |
Nil |
| 5. |
2710 |
High speed diesel oil blended with alkyl
esters of long chain
fatty acids obtained from
vegetable oils, commonly known as bio -
diesels, up to 20% by volume, that is, a
blend, consisting 80% or
more of high speed
diesel oil, on which the appropriate duties of
excise have been paid and, up to 20% bio -
diesel on which the
appropriate Central tax,
State tax, Union territory tax or Integrated
tax, as the case maybe, have been paid. |
Nil |
Explanation. - For the purposes of goods described in column (3) of the said
Table:-
(a) appropriate duties of excise shall mean the duties of excise as
leviable under the Fourth Schedule to the Central Excise Act, the additional
duty of excise (Road and Infrastructure Cess) leviable under section 112 of
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 theProvisional 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;
(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), 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.334/2/2021-TRU]
(Rajeev Ranjan)
Under Secretary to the
Government of India
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