Amendment status not verified — confirm the current text below against the official source.
General conditions (i). As per the National Policy on Biofuels, 2018, the Bureau of Indian Standards (BIS) has already evolved standards for bio-ethanol, biodiesel for standalone and blended form applications. The Bureau of Indian Standards (BIS) has developed a standard (E.S. 15607) for Bio-diesel, which has been taken from the American standard ASTM-D-6751 and the European standard E.N. 14-14214. Apart from this, the Bureau of Indian Standards has developed standard I.S. -2796: 2001, including 5% and 10% Bio-ethanol Blend. Compliance will be ensured in each condition of standards set by the Bureau of Indian Standards in the production of bio-ethanol, biodiesel, drop-in-fuel, methanol and other bio-fuels. (ii). If any false declaration is given for the purpose of availing incentives or if incentives are availed for a unit that was not eligible or any violation of the condition of this policy, the amount of incentive is liable to be recoveredfrom the date of availing such benefit along with the interest compounded annually @ 18% per annum. In case of non-paymentwithin the stipulated time, the State Government may recover such amounts including interest as arrears of land revenue. (iii). If a Unit after availing incentive under this Policy diverts the production facility to produce any product other than fuel-grade Ethanol to be supplied to Oil Marketing Companies under Ethanol Blending Programme of Government of India, the amount of incentive is liable to be recovered from the date of availing such benefit along with the interest compounded annually @ 18% per annum. In case of non-payment within the stipulated time, the State Government may recover such amounts including interest as arrears of land revenue.