Excise exemption for goods supplied to oil sector entities conditioned on certificate of use for exploration or HBJ project. Exempts specified tariff goods supplied to oil sector entities from excise duty in excess of an ad valorem cap, subject to production of a purchaser's certificate that the goods are required for oil exploration/exploitation or the Hazira Bijapur Jagdishpur Project, furnishing of evidence for verification by the proper officer, and adherence to the procedure in 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 goods supplied to oil sector entities conditioned on certificate of use for exploration or HBJ project.
Exempts specified tariff goods supplied to oil sector entities from excise duty in excess of an ad valorem cap, subject to production of a purchaser's certificate that the goods are required for oil exploration/exploitation or the Hazira Bijapur Jagdishpur Project, furnishing of evidence for verification by the proper officer, and adherence to the procedure in Chapter X of the Central Excise Rules, 1944.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.