Partial excise exemption on bio-diesel fuel Extended till March 31, 2017

By | May 18, 2016
(Last Updated On: May 18, 2016)

NOTIFICATION NO.23/2016-C.E,

DATED 17-5-2016

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 amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 12/2012-Central Excise, dated the 17th 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 17th March, 2012, namely:—

In the said notification,—

(i)in the opening paragraph after the second proviso the following provisos shall be inserted, namely:—
Provided also that nothing contained in this notification shall apply to the goods specified against serial number 113 of the said Table after the 31st day of March, 2017:
Provided also that nothing contained in this notification shall apply to the goods specified against serial number 113B of the said Table after the 31st day of March, 2017:
Provided also that this notification shall apply to the goods specified against serial number 113C of the said Table with effect from the 1st day of April, 2017:
Provided also that this notification shall apply to the goods specified against serial number 113D of the said Table with effect from the 1st day of April, 2017:
(ii)in the Table, after serial number 113A and the entries relating thereto, the following serial numbers and entries shall be inserted, namely:—
(1)(2)(3)(4)(5)
“113B2905 or 3823 11 12The following goods for use in the manufacture of alkyl esters of long chain fatty acids obtained from vegetable oils, commonly known as bio-diesels, namely:—

(i) RBD Palm Stearin

(ii) Methanol

(iii) Sodium Methoxide.

Nil2
113C29 or 38Alkyl esters of long chain fatty acids obtained from vegetable oils, commonly known as bio-diesels.6%
113D2905 or 3823 11 12The following goods for use in the manufacture of alkyl esters of long chain fatty acids obtained from vegetable oils, commonly known as bio-diesels, namely:—

(i) RBD Palm Stearin

(ii) Methanol

(iii) Sodium Methoxide

6%2″.

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