Seeks to exempt Agriculture Infrastructure and Development Cess on blended fuels.

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..... ion 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 2 [ aforesaid section 125 of the Finance Act, 2021 (13 of 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 Rate .....

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..... (ii) conforming to the Bureau of Indian Standards specification 17021. Nil 3 [ 3A 2710 12 43 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 3B 2710 12 44 15% ethanol blended petrol that is a blend, - (a) consisting, by volume, of 85% motor spirit, (commonly known as petrol), on wh .....

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..... 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 1 [ section 125 of the Finance Act, 2021 (13 of 2021) ] , 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 Uni .....

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