Odisha government to exempt import fee and excise duty on methanol

BHUBANESWAR: The state government has decided to exempt import fee and excise duty on methanol (methyl alcohol) for production of biodiesel.

This was decided at the meeting of the state cabinet presided over by Chief Minister Mohan Charan Majhi on August 7. The decision was announced by Parliamentary Affairs minister Mukesh Mahaling in the Assembly on Tuesday.

The state government has taken the decision by using powers under section 96 of the Odisha Excise Act, 2008. The cabinet approved the proposal to take out methanol (methyl alcohol) used for production of biodiesel from the purview of the Odisha Excise Act 2008, he said.