Cess on crude oil increased by legislative amendment substituting the Schedule entry to a higher per tonne rate. Increase of the cess on crude oil by amendment of the Schedule to the Oil Industry (Development) Act, 1974 through substitution of the entry in column 3 against Sl. No.1, replacing the former entry with the specified per tonne rate and thus altering the statutory cess charge on crude oil.
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Cess on crude oil increased by legislative amendment substituting the Schedule entry to a higher per tonne rate.
Increase of the cess on crude oil by amendment of the Schedule to the Oil Industry (Development) Act, 1974 through substitution of the entry in column 3 against Sl. No.1, replacing the former entry with the specified per tonne rate and thus altering the statutory cess charge on crude oil.
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