Seeks to exempt M-15 fuel from Road and Infrastructure Cess. - 05/2021 - Central Excise - Tariff
Extract
..... GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 05/2021-Central Excise New Delhi, the 1st February, 2021 G.S.R. 87 (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with section 112 of the Finance Act, 2018 (13 of 2018), the Central Government being satisfied that it is necessary in the public interest so to do, hereby exempts 15% methanol blended petrol that is a blend, - (a) consisting o .....
..... ance Bill, 2021 (15 of 2021), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931) has the force of law, read with any relevant exemption notification for the time being in force; and (b) appropriate Central tax, State tax, Union territory tax and Integrated tax shall mean the Central tax, State tax, Union territory tax and Integrated tax as leviable under the Central Goods and Services Tax Act, 2017 (12 of 2017), the .....