
Excise Duty Petrol Waived | The war between the United States and Iran in West Asia has disrupted crude oil and gas supplies from the Strait of Hormuz, a global energy corridor. At a time when there is an energy crisis from Asia to Europe, India has taken a historic and major decision to strengthen its energy security. The Central Government has also completely abolished the Central Excise Duty on ethanol to promote blending of ethanol in petrol.

Tax waiver on E22 to E30 petrol, gazette notification issued
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