Duty cuts to fire up blending plan
Customs duty cut from 7.5% to 2.5%.
THE FINANCE minister has announced that Customs duty on bio-diesel will be reduced from 7.5 per cent to 2.5 per cent and duty-paid high-speed diesel blended with up to 20 per cent bio-diesel will be fully exempted from excise duties.
Publication Date:
07/07/2009