SUGAR , BCL , GULSHAN POLYOLS, OMCs ; GOVT EXEMPTS EXCISE DUTY ON HIGHER ETHANOL BLENDS ⛽🌱 🟢🟢

• 🇮🇳 Government grants nil excise duty on petrol blended with 22%-30% ethanol • ⛽ Exemption applies to E22, E25, E27 and E30 fuel blends • 🌍 Move aims to reduce dependence on imported crude oil amid global supply uncertainties • 💰 Higher ethanol usage can help save foreign exchange by lowering crude imports • 🚗 Supports faster commercial rollout of higher ethanol-blended fuels across the country

GULSHAN POLYOLS LIMITED

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