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of <h1>India Amends Customs Notification to Exempt Petroleum and Methane Operations Under HELP and OALP from Duties.</h1> Notification No. 31/2019-Customs, issued by the Government of India, amends Notification No. 50/2017-Customs dated June 30, 2017. This amendment exempts petroleum operations or coal bed methane operations conducted under the Hydrocarbon Exploration Licensing Policy (HELP) and Open Acreage Licensing Policy (OALP) from certain customs duties. The amendment is made under the authority of the Customs Act, 1962, and the Customs Tariff Act, 1975, reflecting the government's commitment to public interest. The specific change involves the addition of item (f) to the existing notification, expanding the scope of exemptions to include these operations.
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