Centre Extends Tax Relief Amid Energy Chaos: E22, E25, E27 & E30 Fuels Exempted From Excise Duty | Big Push for Ethanol | Will Your Fuel Bills Fall?
India, June 11 -- India Accelerates Ethanol Push with E22-E30 Tax Relief: Energy Shift or Price Relief Ahead? India is quietly stepping on the accelerator of its ethanol journey, you know. The government has extended nil central excise duty benefits to the higher ethanol-blended petrol variants, E22, E25, E27 and E30, on condition that they meet the BIS specification IS 19850. In plain words, fuel carrying 22% to 30% ethanol content now gets the same kind of tax treatment support, nudging the market toward cleaner and more domestically produced energy sources. It's happening right after India hit its E20 blending target early, which already helped in reducing crude oil dependence to some extent. Now the policy feels like it's shifting gea...
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