Additional duty exemption for certain petroleum products and CNG removes excess customs levy beyond standard rate. Exemption from additional customs duty is granted for specified imported hydrocarbon fuels by exempting the levy in excess of a prescribed standard rate. The Table identifies petroleum crude, petrol, diesel, petroleum gases and fuels, and compressed natural gas for transport as covered goods with a Nil standard rate, applying on importation and superseding an earlier notification.
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Provisions expressly mentioned in the judgment/order text.
Additional duty exemption for certain petroleum products and CNG removes excess customs levy beyond standard rate.
Exemption from additional customs duty is granted for specified imported hydrocarbon fuels by exempting the levy in excess of a prescribed standard rate. The Table identifies petroleum crude, petrol, diesel, petroleum gases and fuels, and compressed natural gas for transport as covered goods with a Nil standard rate, applying on importation and superseding an earlier notification.
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