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India

India announces excise duty exemption on gasoline with higher ethanol

On June 10, the Department of Revenue, Central Board of Indirect Taxes and Customs, issued a notification regarding excise duty exemption to gasoline blended with higher levels of ethanol. It covers four ethanol-blended gasoline grades.
E22 ethanol-blended gasoline consists of 78% gasoline and 22% ethanol
E25 ethanol....

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