4th August, 2004
Notification No. 40 /2004-Central Excise
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 147 of the Finance Act, 2002 (20 of 2002), 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. 28/2002-Central Excise, dated the 13th May, 2002 and published in the Gazette of India vide number G.S.R.361 (E), dated the 13th May 2002, namely:-
In the said notification, in the TABLE, after S. No. 2 and the entries relating thereto, the following shall be inserted, namely:-
5% ethanol blended petrol that is a blend ,-
(a) consisting, by volume, of 95% Motor spirit, (commonly known as petrol), on which the appropriate duties of excise have been paid and, of 5% ethanol on which the appropriate duties of excise have been paid, and
(b) conforming to Bureau of Indian Standards specification 2796.
Explanation: For the purposes of this exemption “appropriate duties of excise” shall mean the duties of excise leviable under the First Schedule and Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), the additional duty of excise leviable under section 111 of the Finance (No.2) Act, 1998 (21 of 1998) and the special additional excise dutyleviable under section 147 of the Finance Act, 2002 (20 of 2002), read with any relevant exemption notification for the time being in force.
Deputy Secretary to the Government of India
The principal notification No. 28/2002-Central Excise, dated the 13th May, 2002 was published in the Gazette of India, Extraordinary vide G.S.R 361 (E), dated the 13thMay 2002 and was last amended vide notification No.12/2004-Central Excise, dated the 4th February, 2004, published in the Gazette of India, Extraordinary vide G.S.R 97(E) dated the 4th February, 2004.
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