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Preferential Tax Regimes for Biofuels

legislation type Legislative
Law
Passed in 2002
A reduced excise duty rate was introduced for biodiesel in July 2002 and bio-ethanol in 2005. Producers of bio-blend and bio-ethanol blend will also benefit from the reduced rate of excise duty, as the proportion of biodiesel or bio-ethanol in the blend bears the lower rate of excise duty.

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from the Grantham Research Institute
from the Grantham Research Institute
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