Duty condition for blended lubricants: exemption applies only if excise or additional customs duty on base mineral oils paid. The amendment inserts a proviso limiting the exemption so that blended or compounded lubricating oils and greases are eligible only if produced from mineral oils on which the appropriate excise duty or additional customs duty has been paid, thereby making prior duty payment on mineral oil inputs a condition for the exemption.
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Duty condition for blended lubricants: exemption applies only if excise or additional customs duty on base mineral oils paid.
The amendment inserts a proviso limiting the exemption so that blended or compounded lubricating oils and greases are eligible only if produced from mineral oils on which the appropriate excise duty or additional customs duty has been paid, thereby making prior duty payment on mineral oil inputs a condition for the exemption.
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