India expands excise duty exemption to higher biofuel blends

July 6, 2022

BY Erin Voegele

The government of India on July 4 announced it is expanding the excise duty exemption on ethanol and biodiesel to encourage higher biofuel blends, according to a notice published by the Ministry of Finance.

The tax exemption originally applied to E10 blends, but has now ben expanded to blends of E12-E15. The exemption will also apply to B20 made from vegetable oils, according to the notice.

India recently set an ambitious goal to move to an E20 blend of gasoline by 2025. Ethanol currently accounts for approximately 8.5 percent of the country’s gasoline, up from 1.5 percent in 2014. India earlier this year announced plans to install or upgrade nearly 200 grain-based ethanol production facilities as part of its effort to adopt an E20 blend of gasoline.

Advertisement

 

 

Advertisement

Related Stories

Ethanol Producer Magazine announced this week the preliminary agenda for the 2025 International Fuel Ethanol Workshop & Expo (FEW) taking place June 9-11, 2025 at the CHI Health Center in Omaha, Nebraska.

Read More

Florida man sentenced for biofuel fraud conspiracy

Article image

By U.S. Department of Justice

March 14, 2025

The General Manager of a company that produces and sells renewable fuel and fuel credits was sentenced on March 13 to serve 37 months in prison to be followed by a three-year term of supervised release for his role in a RIN fraud scheme.

Read More

Louis Dreyfus Company and Global Clean Energy Holdings Inc. announced on March 11 the renewal for an additional 10 years of their collaboration to promote the cultivation of Camelina sativa (camelina) in South America as an intermediate crop.

Read More

Aemetis Inc. released fourth quarter and full year 2024 financial results on March 13, reporting increased revenues for its U.S. ethanol and biogas operations as well as its biodiesel operations in India.

Read More

JetBlue along with its fuel partners marked the first-ever regular supply of sustainable aviation fuel (SAF) for commercial air travel in the region at New York’s John F. Kennedy International Airport (JFK).

Read More

Upcoming Events

Sign up for our e-newsletter!

Advertisement

Advertisement