Exemption for raw naphtha and natural gasoline liquified limits excise liability for manufacture of pentanes and heptanes, with procedural conditions. Exemption limits excise liability for raw naphtha and natural gasoline liquified used to manufacture pentanes and heptanes, relieving duty in excess of the amount calculated at the rate of Rs. 60 per kilolitre at 15 C on the quantity consumed. Where use is outside the manufacturing factory, Chapter X procedures apply. Consumption is calculated by subtracting from the quantity received by the manufacturing factory the quantity returned by a factory to a refinery and declared under sub rule (2) of rule 140.
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Provisions expressly mentioned in the judgment/order text.
Exemption for raw naphtha and natural gasoline liquified limits excise liability for manufacture of pentanes and heptanes, with procedural conditions.
Exemption limits excise liability for raw naphtha and natural gasoline liquified used to manufacture pentanes and heptanes, relieving duty in excess of the amount calculated at the rate of Rs. 60 per kilolitre at 15 C on the quantity consumed. Where use is outside the manufacturing factory, Chapter X procedures apply. Consumption is calculated by subtracting from the quantity received by the manufacturing factory the quantity returned by a factory to a refinery and declared under sub rule (2) of rule 140.
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