Section Text
1. This Chapter does not cover:
(a) separate chemically defined organic compounds other than pure methane and propane which are to be classified in heading 2711;
(b) medicaments of heading 3003 or 3004; or
(c) mixed unsaturated hydrocarbons of heading 3301, 3302 or 3805.
2. References in heading 2710 to "petroleum oils and oils obtained from bituminous minerals" include not only petroleum oils and oils obtained from bituminous minerals but also similar oils, as well as those consisting mainly of mixed unsaturated hydrocarbons, obtained by any process, provided that the weight of the non-aromatic constituents exceeds that of the aromatic constituents.
However, the references do not include liquid synthetic polyolefins of which less than 60% by volume distils at 300C, after conversion to 1,013 millibars when a reduced-pressure distillation method is used (Chapter 39).
3. For the purposes of heading 2710, "waste oils" means waste containing mainly petroleum oils and oils obtained from bituminous minerals (as described in Note 2 to this Chapter), whether or not mixed with water. These include:
(a) such oils no longer fit for use as primary products (for example, used lubricating oils, used hydraulic oils and used transformer oils);
(b) sludge oils from the storage tanks of petroleum oils, mainly containing such oils and high concentration of additives (for example, chemicals) used in the manufacture of the primary products; and
(c) such oils in the form of emulsions in water or mixtures with water, such as those resulting from oil spills, storage tank washings, or from the use of cutting oils for machining operations.
4. In relation to lubricating oils and lubricating preprations of heading 2710, labelling or relabelling of containers and repacking from bulk packs to retail packs or the adoption of any other treatment to render the product marketable to the consumer, shall amount to 'manufacture'.
5. In relation to natural gas falling under heading 2711, the process of compression of natural gas (even if it does not involve liquefaction), for the purpose of marketing it as Compressed Natural Gas (CNG), for use as a fuel or for any other purpose, shall amount to 'manufacture'.
SUB-HEADING NOTES1. For the purposes of sub-heading 2701 11 "anthracite" means coal having a volatile matter limit (on a dry, mineral-matter-free basis) not exceeding 14%.
2. For the purposes of sub-heading 2701 12, "bituminous coal" means coal having a volatile matter limit (on a dry, mineral-matter-free basis) exceeding 14% and a calorific value limit (on a moist, mineral-matter-free basis) equal to or greater than 5,833 Kcal/Kg.
3. For the purposes of sub-headings 2707 10, 2707 20, 2707 30, 2707 40 and 2707 60, the terms "benzol (benzene)", "toluol (toluene)", "xylol (xylenes)", "naphthalene" or "phenols" apply to products which contain more than 50% by weight of benzene, toluene, xylene, naphthalene or phenols, respectively.
4. For the purposes of sub-heading 2710 11, "light oils and preparations" are those of which 90% or more by volume (including losses) distil at 210C (ASTM D 86 method).
SUPPLEMENTARY NOTEIn this Chapter, the following expressions have the meanings hereby assigned to them:
(a) "motor spirit" means any hydrocarbon oil (excluding crude mineral oil) which has its flash point below 25C and which either by itself or in admixture with any other substance, is suitable for use as fuel in spark ignition engines. "Special boiling point spirits (tariff items 2710 11 11,2710 11 12 and 2710 11 13)" means light oils, as defined in Sub-heading Note 4, not containing any anti-knock preparations, and with a difference of not more than 60C between the temperatures at which 5% and 90% by volume (including losses) distil;
(b) "natural gasoline liquid (NGL)" is a low-boiling liquid petroleum product extracted from Natural Gas;
(c) "superior kerosene oil (SKO)" means any hydrocarbon oil conforming to the Indian Standards Specification of Bureau of Indian Standards IS: 1459-1974 (Reaffirmed in the year 1996);
(d) "aviation turbine fuel (ATF)" means any hydrocarbon oil conforming to the Indian Standards Specification of Bureau of Indian Standards IS: 1571:1992:2000;
(e) "high speed diesel (HSD)" means any hydrocarbon oil conforming to the Indian Standards Specification of Bureau of Indian Standards IS: 1460:2000;
(f) "light diesel oil (LDO)" means any hydrocarbon oil conforming to the Indian Standards Specification of Bureau of Indian Standards IS: 1460;
(g) "fuel oil" means any hydrocarbon oil conforming to the Indian Standards Specification of Bureau of Indian Standards IS: 1593:1982 (Reaffirmed in the year 1997);
(h) "lubricating oil" means any oil, which is ordinarily used, for lubrication, excluding any hydrocarbon oil, which has its flash point below 93.3 C;
(i) "jute batching oil" and "textile oil" are hydrocarbon oils which have their flash point at or above 93.3C, and is ordinarily used for the batching of jute or other textile fibres;
(j) the expression "petroleum jelly crude" (tariff item 2712 10 10) shall be taken to apply to petroleum jelly of a natural colour higher than 4.5 by the ASTM D 1500 method;
(k) for the purposes of these additional notes, the tests prescribed have the meaning hereby assigned to them:
(1) "Flash Point" shall be determined in accordance with the test prescribed in this behalf in the rules made under the Petroleum Act, 1934 (30 of 1934);
(2) "Smoke Point" shall be determined in the apparatus known as the Smoke Point Lamp in the manner indicated in the Indian Standards Institution specification IS: 1448 (p. 31)-1967 as for the time being in force;
(3) "Final Boiling Point" shall be determined in the manner indicated in the Indian Standards Institution specification IS: 1448 (p. 18)-1967 as for the time being in force;
(4) "Carbon Residue" shall be determined in the apparatus known as Ramsbottom Carbon Residue Apparatus in the manner indicated in the Indian Standards Institution specification IS: 1448 (p. 8)-1967 as for the time being in force;
(5) "Colour Comparison Test" shall be done in the following manner, namely:
(i) first prepare a five per cent. weight by volume solution of Potassium Iodine (analytical reagent quality) in distilled water;
(ii) to this, add Iodine (analytical reagent quality) in requisite amount to prepare an exactly 0.04 normal Iodine solution;
(iii) thereafter, compare the colour of the mineral oil under test with the Iodine solution so prepared.
| Tariff Item | Description of goods | Unit | Rate of duty |
| (1) | (2) | (3) | (4) |
| 2701 | COAL; BRIQUETTES, OVOIDS AND SIMILAR SOLID FUELS MANUFACTURED FROM COAL | ||
| Coal, whether or not pulverised, but not agglomerated: | |||
| 2701 1100 | -- -Anthracite | kg. | Nil |
| 2701 12 00 | -- -Bituminous coal | kg. | Nil |
| 270119 | --Other coal: | ||
| 2701 19 10 | --Coking coal | kg. | Nil |
| 2701 1920 | --Steam coal | kg. | Nil |
| 2701 19 90 | --Other | kg. | Nil |
| 270120 | - Briquettes, ovoids and similar solid fuels manufactured from coal: | ||
| 2701 20 10 | -- --Anthracite agglomerated | kg. | Nil |
| 270120 90 | -- --Other | kg. | Nil |
| 2702 | LIGNITE, WHETHER OR NOT AGGLOMERATED, EXCLUDING JET | ||
| 2702 10 00 | - Lignite, whether or not pulverised, but not agglomerated | kg. | Nil |
| 2702 20 00 | - Agglomerated lignite | kg. | Nil |
| 2703 | PEAT (INCLUDING PEAT LITTER), WHETHER OR NOT AGGLOMERATED | ||
| 2703 00 | - Peat (including peat litter), whether or not agglomerated: | ||
| 2703 00 10 | --Peat whether or not compressed into bales, but not agglomerated | kg. | Nil |
| 2703 00 90 | --Other | kg. | Nil |
| 2704 | COKE AND SEMI-COKE OF COAL, OF LIGNITE OR OF PEAT, WHETHER OR NOT AGGLOMERATED; RETORT CARBON | ||
| 2704 00 | Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon: | ||
| 2704 0010 | -- --Retort carbon (gas carbon) | kg. | Nil |
| 2704 0020 | -- --Coke and semi-coke of lignite or of peat | kg. | Nil |
| 2704 00 30 | -- --Hard coke of coal | kg. | Nil |
| 2704 0040 | -- --Soft coke of coal | kg. | Nil |
| 2704 00 90 | -- --Other | kg. | Nil |
| 2705 00 00 | COAL GAS, WATER GAS, PRODUCER GAS AND | kg. | Nil |
| SIMILAR GASES, OTHER THAN PETROLEUM GASES AND OTHER GASEOUS HYDROCARBONS | |||
| 2706 | TAR DISTILLED FROM COAL, FROM LIGNITE OR FROM PEAT AND OTHER MINERAL TARS, WHETHER OR NOT DEHYDRATED OR PARTIALLY DISTILLED, INCLUDING RECONSTITUTED TARS | ||
| 2706 00 | Tar distilled from coal, from lignite or from peat and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars: | ||
| 2706 0010 | -- --Coal tar | kg. | Nil |
| 2706 00 90 | -- --Other | kg. | Nil |
| 2707 | OILS AND OTHER PRODUCTS OF THE DISTILLATION OF HIGH TEMPERATURE COAL TAR SIMILAR PRODUCTS IN WHICH THE WEIGHT OF THE AROMATIC CONSTITUENTS EXCEEDS THAT OF THE NON-AROMATIC CONSTITUENTS | ||
| 270710 00 | - Benzol (benzene) | kg. | 16% |
| 270720 00 | - Toluol (toluene) | kg. | 16% |
| 2707 30 00 | - Xylol (xylenes) | kg. | 16% |
| 270740 00 | - Naphthelene | kg. | 16% |
| 2707 50 00 | - Other aromatic hydrocarbon mixtures of which 65% or more by volume (including losses) distils at 250OC by the ASTM D 86 method | kg. | 16% |
| 2707 60 00 | - Phenols | kg. | 16% |
| - Other: | |||
| 2707 9100 | -- -Creosote oils | kg. | 16% |
| 2707 99 00 | - -Other | kg. | 16% |
| 2708 | PITCH AND PITCH COKE, OBTAINED FROM COAL TAR OR FROM OTHER MINERAL TARS | ||
| 270810 | - Pitch: | ||
| 2708 10 10 | -- --Obtained by blending with creosote oil or other coal tar distillates | kg. | 16% |
| 2708 10 90 | -- --Other | kg. | 16% |
| 2708 20 00 | - Pitch coke | kg. | 16% |
| 2709 00 00 | PETROLEUM OILS AND OILS OBTAINED FROM BITUMINOUS MINERALS, CRUDE | kg. | Nil |
| 2710 | PETROLEUM OILS AND OILS OBTAINED FROM BITUMINOUS MINERALS, OTHER THAN CRUDE; PREPARATIONS NOT ELSEWHERE SPECIFIED OR INCLUDED, CONTAINING BY WEIGHT 70% OR MORE OF PETROLEUM OILS OR OF OILS OBTAINED FROM BITUMINOUS MINERALS, THESE OILS BEING THE BASIC CONSTITUENTS OF THE PREPARATIONS; WASTE OILS - Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than waste oils: | ||
| 271011 | -- -Light oils and preparations: | ||
| -- Motor Spirit: | |||
| 2710 11 11 | ----Special boiling point spirits (other than benzene, toluol) with nominal boiling point range 55-115C | kg. | 16% + Rs. 15.00 per litre |
| 2710 11 12 | -----Special boiling point spirits (other than benzene, benzol, toluene and toluol) with nominal boiling point range 63-70C | kg. | 16% + Rs. 15.00 per litre |
| 271011 13 | -- Other special boiling point spirits (other than benzene, benzol, toluene and toluol) | kg. | 16%+Rs. 15.00per litre |
| 271011 19 | -- Other | kg. | 16%+Rs. 15.00per litre |
| 27101120 | -- --Natural gasoline liquid ( NGL) | kg.. | 16%+Rs. 15.00per litre |
| 27101190 | -- --Other | kg. | 16%+Rs. 15.00per litre |
| 271019 | - -Other: | ||
| 27101910 | -- --Superior kerosene oil (SKO) | kg. | 16% |
| 27101920 | -- --Aviation turbine fuel (ATF) | kg. | 16% |
| 271019 30 | -- --High speed diesel (HSD) | kg. | 16%+Rs. 5.00per litre |
| 27101940 | -- --Light diesel oil (LDO) | kg. | 16%+Rs. 5.00per litre |
| 271019 50 | -- --Fuel oil | kg. | 16% |
| 271019 60 | -- --Base oil | kg. | 16% |
| 271019 70 | -- --Jute batching oil and textile oil | kg. | 16% |
| 271019 80 | -- --Lubricating oil | kg. | 16% |
| 271019 90 | -- --Other | kg. | 16% |
| - Waste oil: | |||
| 2710 91 00 | - -Containing polychlorinated biphenyls (PCBs), polychlorinated terphenyls (PCTs) or polybrominated biphenyls (PBBs) | kg. | |
| 2710 99 00 | - -Other | kg. | |
| 2711 | PETROLEUM GASES AND OTHER GASEOUS HYDROCARBONS | ||
| - Liquefied: | |||
| 2711 1100 | - -Natural gas | kg. | 16% |
| 2711 12 00 | - -Propane | kg. | 16% |
| 271113 00 | - -Butane | kg. | 16% |
| 2711 14 00 | - -Ethylene, propylene, butylene and butadiene | kg. | 16% |
| 271119 00 | - -Other | kg. | 16% |
| - In gaseous state: | |||
| 27112100 | - -Natural gas | kg. | 16% |
| 271129 00 | - -Other | kg. | 16% |
| 2712 | PETROLEUM JELLY, PARAFFIN WAX, MICROCRYSTALLINE PETROLEUM WAX, SLACK WAX, OZOKERITE, LIGNITE WAX, PEAT WAX, OTHER MINERAL WAXES, AND SIMILAR PRODUCTS OBTAINED BY SYNTHESIS OR BY OTHER PROCESSES, WHETHER OR NOT COLOURED | ||
| 271210 | - Petroleum jelly: | ||
| 2712 1010 | -- --Crude | kg. | 16% |
| 2712 10 90 | -- --Other | kg. | 16% |
| 271220 | - Paraffin wax containing by weight less than 0.75% of oil: | ||
| 2712 2010 | -- --Chlorinated paraffin wax | kg. | 16% |
| 2712 20 90 | -- --Other | kg. | 16% |
| 2712 90 | - Other: | ||
| 2712 9010 | -- --Micro-crystalline petroleum wax | kg. | 16% |
| 2712 9020 | -- --Lignite wax | kg. | 16% |
| 2712 90 30 | -- --Slack wax | kg. | 16% |
| 2712 90 90 | -- --Other | kg. | 16% |
| 2713 | PETROLEUM COKE, PETROLEUM BITUMEN AND OTHER RESIDUES OF PETROLEUM OILS OR OF OILS OBTAINED FROM BITUMINOUS MINERALS | ||
| - Petroleum coke: | |||
| 2713 1100 | - -Not calcined | kg. | 16% |
| 2713 12 00 | - -Calcined | kg. | 16% |
| 2713 20 00 | - Petroleum bitumen | kg. | 16% |
| 2713 90 00 | - Other residues of petroleum oils or of oils | kg. | 16% |
| 2714 | obtained from bituminous minerals BITUMEN AND ASPHALT, NATURAL; BITUMINOUS OR OIL SHALE AND TAR SANDS; ASPHALTITES AND ASPHALTIC ROCKS | ||
| 2714 10 00 | Bituminous or oil shale and tar sands | kg. | 16% |
| 2714 90 | - Other: | ||
| 2714 90 10 | -- - Asphalt, natural | kg. | 16% |
| 2714 90 20 | --- Bitumen, natural | kg. | 16% |
| 2714 90 30 | --- Gilsonete | kg. | 16% |
| 2714 90 90 | --- Other | kg. | 16% |
| 2715 | BITUMINOUS MIXTURES BASED ON NATURAL ASPHALT, ON NATURAL BITUMEN, ON PETROLEUM BITUMEN, ON MINERAL TAR OR ON MINERAL TAR PITCH (FOR EXAMPLE, BITUMINOUS MASTICS, CUT BACKS) | ||
| 2715 00 | - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut backs): | ||
| 2715 00 10 | -- - Cut backs, bituminous or asphalt | kg. | 16% |
| 2715 00 90 | --- Other | kg. | 16% |
| 2716 00 00 | ELECTRICAL ENERGY 1000 kWh |
* For rates of special duty of excise and notification(s) giving effective rates of special duty of excise on specified goods of this Chapter - please see the second Schedule to this tariff.
* For rates of National Calamity Contingent duty on specified goods of this Chapter - please see Appendix III.
* For effective rates of Cess on the specified goods of this Chapter - please see Appendix IV.
* The specified goods falling under this Chapter are assessable to duty w.r.t. Maximum Retail Price. For percentage of abatement - please see Appendix V.
SPECIAL ADDITIONAL EXCISE DUTY[Section 140 of Finance Act, 2002]
140. (1) In the case of goods specified in the Eight Schedule, being goods manufactured, there shall be levied, and collected, for purposes of the Union, by surcharge, a duty of excise, to be called the Special Additional Excise Duty, at the rates specified in the said Schedule.
(2) The Special Additional Excise Duty chargeable on goods specified in the Eighth Schedule shall be additional to any other duties of excise chargeable on such goods under the Central Excise Act, 1944 or any other law for the time being in force.
(3) The provisions of the Central Excise Act, 1944 and the rules made thereunder, including those relating to refunds and exemptions from duties and imposition of penalty, shall, as far as may be, apply in relation to the levy and collection of the Special Additional Excise Duty leviable under this section in respect of the goods specified in the Eighth Schedule, as they apply in relation to the levy and collection of the duties of excise on such goods under that Act, or those rules, as the case may be.
THE EIGHTH SCHEDULE| Item No. (1) | Description of goods (2) | Rate of duty (3) |
| 1. | Motor spirit, commonly known as | Rs. seven per litre Re. |
| 2. | petrol High speed diesel oil | one per litre |
*Inserted vide section 140 of Finance Bill, 2002.
ADDITIONAL DUTY ON MOTOR SPIRIT (PETROL)[See S.111 of Finance (No.2) Act, 1998 (21 of 1998), as amended by Section 159 of the Finance Bill, 2003 and Section 119 of the Finance Bill, 2005]
111. (1) In the case of goods specified in the Second Schedule, being goods manufactured in India, there shall be levied and collected as an additional duty of excise an amount calculated at the rate set forth in the said Schedule.
(2) The additional duty of excise referred to in sub-section (1) shall be in addition to any other duties of excise chargeable on such goods under the Central Excise Act, or any other law for the time being in force.
(3) The provisions of the Central Excise Act and the rules and regulations made thereunder, including those relating to refunds and exemptions from duties, shall, as far as may be, apply in relation to the levy and collection of the additional duty of excise leviable under this section in respect of any goods as they apply in relation to the levy and collection of the duties of excise on such goods under that Act or those rules and regulations, as the case may be.
(4) The additional duty of excise leviable under sub-section (1) shall be for the purposes of the Union and the proceeds thereof shall not be distributed among the States.
THE SECOND SCHEDULE [See sections 103(1) and 111(1)]| Item No. (1) | Description of goods (2) | Rate of duty (3) |
| 1 | Motor spirit commonly known as petrol | Rupee two per litre |
(Section 133 of Finance Act, 1999, as amended by Section 160 of the Finance Bill, 2003. and Section 120 of Finance Bill, 2005)
133. (1) In the case of goods specified in the Second Schedule, being goods manufactured in India, there shall be levied and collected as an additional duty of excise an amount calculated at the rate set forth in the said Schedule.
(2) The additional duty of excise referred to in sub-section (1), shall be in addition to any other duties of excise chargeable on such goods under the Central Excise Act, or any other law for the time being in force.
(3) The provisions of the Central Excise Act and the rules made thereunder, including those relating to refunds and exemptions from duties, shall, as far as may be, apply in relation to the levy and collection of the additional duty of excise leviable under this section in respect of any goods as they apply in relation to the levy and collection of the duties of excise on such goods under that Act or those rules, as the case may be.
(4) The additional duty of excise leviable under sub-section (1), shall be for the purposes of the Union and the proceeds thereof shall not be distributed among the States.
THE SECOND SCHEDULE [See sections 116(1) and 133(1)]| Item No. (1) | Description of goods (2) | Rate of duty (3) |
| 1 | High speed diesel oil | Rupee two per litre |
Effective rates of special additional duty on motor spirit and high speed diesel.
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944) read with sub-section (3) of section 147 of the Finance Act, 2002 ( 20 of 2002), and in supersession of the notification of the Government of India in the Ministry of Finance( Department of Revenue) No 19/2002-Central Excise, dated the 1st March , 2002 [ G.S.R 140(E), dated the 1st March, 2002], the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods falling within the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) and specified in column(2) of the Table hereto annexed, from so much of the special additional excise duty leviable thereon under sub-section (1) of section 147 of the said Finance Act, as is in excess of the amount indicated in the corresponding entry in column (3) of the said Table, namely:-
TABLE| S.No | Description of goods | Rate |
| (1) | (2) | (3) |
| 1. | Motor spirit, commonly known as petrol | Rupees six per litre |
| 2. | High speed diesel oil | Nil |
| 3. | 5% ethanol blended petrol that is a blend.-(a) consisting, by volume, of 95% Motor spirit, (commonly known as petrol) on which the appropriate duties of excise have been paid and, of 5% ethanol on | Nil |
| which the appropriate duties of excise have been paid, and b) conforming to Bureau of Indian Standards specification 2796. Explanation: For the purposes of thus exemption "appropriate duties of excise" shall mean the duties of excise leviable under the First Schedule and Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) the additional duty of excise of excise leviable under section 111 of the Finance (No. 2) Act, 1998 (21 of 1998) and the special additional excise duty leviable under section 147 of the Finance Act, 2002 (20 of 2002), read with any relevant exemption notification for the time being in force | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| [Notfn.No. 28/02-CE, dt. 13.5.02 as amended by Notfn. Nos.62/02,16/03,12/04 and 40/04] Exemption to Motor Spirit falling under Heading No. 27.10, intended for use in ethanol blended petrol: In exercise of the powers conferred by sub-section (1) of section 5 A of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby exempts Motor Spirit (commonly known as petrol) (hereinafter referred to as said goods), falling under heading No. 27.10 of the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) (hereinafter referred to as said Schedules), manufactured in and cleared from an oil refinery or cleared from a registered warehouse, intended for use in ethanol blended petrol, that is, a blend, a) consisting, by volume, of 95% Motor spirit, (commonly known as petrol) and of 5% ethanol; and b) conforming to Bureau of Indian Standards specification 2796 from so much of the duty of excise leviable thereon under the said Schedules, as is in excess of the duty that would have been leviable on such goods under the said Schedules, if sold by the manufacturer for delivery at the time of removal of such goods or at any other time nearest to the removal of such goods, where the manufacturer and the buyer are not related and the price is the sole consideration. [Notfn. No. 37/04-CE., dt. 4.8.2004] Exemption to ethanol blended petrol from Additional Duty of Excise: In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 111 of the Finance (No 2) Act, 1998 (21 of 1998) the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts 5% ethanol blended petrol that is a blend ,- a) consisting, by volume, of 95% Motor spirit, (commonly known as petrol), on which the appropriate duties of excise have been paid and, of 5% ethanol on which the appropriate duties of excise have been paid; and b) conforming to Bureau of Indian Standards specification 2796, from the whole of the additional duty of excise leviable thereon. Explanation.- For the purposes of this exemption "appropriate duties of excise" shall mean the duties of excise leviable under the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), the additional duty of excise leviable under section 111 of the Finance (No.2) Act, 1998 (21 of 1998), and the special additional excise duty leviable under section 147 of the Finance Act, 2002 (20 of 2002), read with any relevant exemption notification for the time being in force. [Notfn. No. 38/04-CE., dt. 4.8.2004] Exemptions petroleum oils and oils obtained from bituminous minerals, crude, from whole of the National Calamity Contingent Duty under specified conditions. In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act 1944 (1 of 1944), read with section 136 of the Finance Act, 2001 (14 of 2001), the Central Government being satisfied that it is necessary in the public interest so to do, hereby exampts, petroleum oils and oils obtained from bituminous minerals, crude, produced either in the fields under the Production Sharing Contracts, specified in colomn (2) of the Table below or in the exploration blocks offered under the New Exploration Licensing Policy (NELP) through competitive international bidding, from the whole of the National Calamity Contingent Duty leviable thereon under section 136 of the said Finance Act 2001, read with section 169 of the Finance Act, 2003 (32 of 2003). TABLE
[Notfn. No. 41/03-CE., dt. 14.5.2003] |