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'GASOHOL' TO GET 30 PAISE REBATE IN EXCISE DUTY: NAIK (the Government makes sale of gasohol mandatory in 9 States and 4 Union Territories).

Asia Africa Intelligence Wire

| January 02, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

Ram Naik, Minister for Petroleum and Natural Gas, Government of India, has said that the Government will offer 30 paise rebate in excise duty on gasohol.

The objective is to give a fillip to the ethanol-based industry.

Gasohol is petrol blended with 5 percent ethanol.

The Government has made sale of gasohol mandatory in 9 States and 4 Union Territories. The States include …

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