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of <h1>Circular Clarifies Procedures for Oil Companies Post-Warehousing Withdrawal; Revises Excise Duty Deadlines per Central Excise Rules, 2002.</h1> The circular addresses issues following the withdrawal of the warehousing facility for petroleum products from September 6, 2004. It clarifies procedures for oil companies facing logistical challenges in supplying products under end-use exemptions, allowing provisional assessments for unidentifiable consignments at removal. For Aviation Turbine Fuel (ATF) and Bunker Fuel, mixed storage in intermediate tanks at airports is permitted with strict accounting, provided tanks are exclusively for export goods. The circular also revises the deadline for excise duty payment on bonded stocks as of September 5/6, 2004, to October 5, 2004, under Central Excise Rules, 2002.
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