Petrol blended with 22%, 25% and 30% ethanol to now be excise duty-free
The Indian government has exempted petrol blended with 22% to 30% ethanol from central excise duty to promote sustainable fuel alternatives. This move follows previous excise duty cuts on petrol and diesel aimed at protecting consumers from rising global oil prices and supply disruptions.
Why it matters
It incentivizes the adoption of higher ethanol-blended fuels, which can reduce India's dependence on imported crude oil and mitigate the impact of global energy price volatility.
The government of India has extended the central excise duty exemptions on fuel to petrol blended with 22 per cent, 25 per cent, 27 per cent and 30 per cent ethanol, according to an official notification.
The article reports on government policy and official notifications without using loaded language or taking a political stance.
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