CBI had Given 1 more year to applicable additional duty on unblended diesel.
Biodiesel is a liquid fuel often referred to as B100, pure, or neat biodiesel in its unblended form. Like petroleum diesel, biodiesel is used to fuel compression-ignition engines.
The CBIC vide Notification No. 04/2024-Central Excise dated January 25, 2024 has issued amendments in Notification No. 11/2017-Central Excise dated the June 30, 2017 to extend the applicable date for levy of additional duty on unblended diesel from April 01, 2024 to April 01, 2025.
In the said notification,-
(i) in the Table, against Sl. No. 3, in column (3), after item (ii), in the proviso, for the figures “2024”, the figures “2025” shall be substituted;
(ii) in the Table, against Sl. No. 3A, in column (2), for the entry “27101930”, the entry “2710 19 44, 2710 19 49” shall be substituted;
(iii) after Annexure, in the proviso, in item (b), for the figures “2023”, the figures “2025” shall be substituted
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