Exemption to raw naphtha directs no excise duty payable where used to manufacture benzene and toluene in declared refineries. A statutory direction exempts duty of excise on raw naphtha produced in declared refineries and used within those refineries for manufacture of benzene and toluene, stating that the whole excise duty which would have been payable but for the prevailing practice of non-levy shall not be required to be paid in respect of such raw naphtha for the specified retrospective period.
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 to raw naphtha directs no excise duty payable where used to manufacture benzene and toluene in declared refineries.
A statutory direction exempts duty of excise on raw naphtha produced in declared refineries and used within those refineries for manufacture of benzene and toluene, stating that the whole excise duty which would have been payable but for the prevailing practice of non-levy shall not be required to be paid in respect of such raw naphtha for the specified retrospective period.
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