Amendment to crude oil levy replaces the column 3 Schedule entry with a revised statutory per tonne rate under the oil framework. The Schedule to the Oil Industry (Development) Act, 1974 is amended by substituting, against Sl. No.1 relating to crude oil, the entry in column 3 with ... Summary
Amendment to crude oil levy replaces the column 3 Schedule entry with a revised statutory per tonne rate under the oil framework.
The Schedule to the Oil Industry (Development) Act, 1974 is amended by substituting, against Sl. No.1 relating to crude oil, the entry in column 3 with the entry Rupees four thousand five hundred per tonne, thereby altering the statutory per tonne levy for crude oil within the Act's Schedule.
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