Exemption of petroleum crude from additional customs duty prevents duplicate levy and aligns import duty with excise. The Central Government exempted imported petroleum crude from the portion of additional customs duty equivalent to the excise duty chargeable on petroleum crude under the Oil Industry statute, exercising its power under the Customs statute as necessary in the public interest to prevent duplicate levy at importation and to align additional customs duty incidence with domestic excise.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exemption of petroleum crude from additional customs duty prevents duplicate levy and aligns import duty with excise.
The Central Government exempted imported petroleum crude from the portion of additional customs duty equivalent to the excise duty chargeable on petroleum crude under the Oil Industry statute, exercising its power under the Customs statute as necessary in the public interest to prevent duplicate levy at importation and to align additional customs duty incidence with domestic excise.
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