Excise exemption for oilfield supplies subject to certificate and procedural verification under Central Excise rules. The notification exempts specified goods cleared for supply to the Oil and Natural Gas Commission or Oil India Limited from central excise duty in excess of the amount calculated at the rate of 10 per cent ad valorem, subject to production of a certificate from the recipient confirming required use in oil exploration or exploitation, furnishing evidence as required by the proper officer to verify use, and adherence to the procedural requirements of Chapter X of the Central Excise Rules, 1944.
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.
Excise exemption for oilfield supplies subject to certificate and procedural verification under Central Excise rules.
The notification exempts specified goods cleared for supply to the Oil and Natural Gas Commission or Oil India Limited from central excise duty in excess of the amount calculated at the rate of 10 per cent ad valorem, subject to production of a certificate from the recipient confirming required use in oil exploration or exploitation, furnishing evidence as required by the proper officer to verify use, and adherence to the procedural requirements of Chapter X of the Central Excise Rules, 1944.
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