NTF. NO. 14/2003-CE, DT. 01/03/2003
- Document type
- Notification
- Reference no.
- E
- Dated
- Category
- Tariff
Seeks to exempt motor spirt, intended for use in 5% ethanol doped petrol, from duty as is in excess of that leviable on motor spirit sold by the manufacturer to an independent buyer
Seeks to exempt motor spirt, intended for use in 5% ethanol doped petrol, from duty as is in excess of that leviable on motor spirit sold by the manufacturer to an independent buyer
a) consisting, by volume, of 95% Motor spirit, (commonly known as petrol) and of 5% ethanol; and
b) conforming to Bureau of Indian Standards specification 2796
from so much of the duty of excise leviable thereon under the said Schedules, as is in excess of the duty that would have been leviable on such goods under the said Schedules, if sold by the manufacturer for delivery at the time of removal of such goods or at any other time nearest to the removal of such goods, where the manufacturer and the buyer are not related and the price is the sole consideration.
2. This notification shall remain in force upto and inclusive of the 30th day of June, 2004 [OLD - 29th day of February, 2004 ].
(In above para 2 figures, letters and words (30th day of June, 2004) has been substituted vide NTF. NO. 12/2004-CE, DT. 04/02/2004)
[F.No. 334/1/2003-TRU]
(Alok Shukla)
Deputy Secretary to the Government of India