TMI BlogExcise Exemption to Compressed Natural Gas (‘CNG’) when blended with Biogas or Compressed Biogas (‘CBG’)X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts Compressed Natural Gas (hereinafter referred to as CNG ), falling under tariff item 2711 21 00 of the Fourth Sche ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y quarter; and (iii) pay the short-paid duty of excise along with applicable interest after such reconciliation. Explanation . - For the purpose of this notification, central tax, State tax, Union territory tax or integrated tax means the central tax, State tax, Union territory tax and integrated tax leviable under the Central Goods and Services Tax Act, 2017 (12 of 201 ..... X X X X Extracts X X X X X X X X Extracts X X X X
|