Zero Excise Allowed on Ethanol Produced from Molasses to Oil Companies for Blending with Petrol

[Central Excise Notification No. 32 dated 4^th June 2015]

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 12/2012-Central Excise, dated the 17^th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 163(E), dated the 17^th March, 2012, namely: -

In the said notification, in the Table, after Sl.No. 40 and the entries relating thereto, the following Sl.No. and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)
“40A	2207 20 00	Ethanol produced from molasses generated from cane crushed in the sugar season 2015-16 i.e. 1^st October, 2015 onwards, for supply to the public sector oil marketing companies, namely, Indian Oil Corporation Ltd., Hindustan Petroleum Corporation Ltd. or Bharat Petroleum Corporation Ltd., for the purposes of blending with petrol.	Nil	-”.

[F. No. 354/78/2009-TRU (Pt.)]