Excise exemption for speciality oils limits duty to a specified ad valorem rate; blending-produced oils excluded unless duty charged. Notification exempts speciality oils under specified tariff subheadings from excise duty to the extent the duty exceeds an amount calculated at a prescribed ad valorem rate, but excludes oils manufactured by blending or compounding mineral oils if excise or additional duty on those mineral oils has not been paid; speciality oil is defined as a preparation of mineral oils blended with other oils or substances for industrial use other than as a lubricant, with any lubrication function secondary.
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 speciality oils limits duty to a specified ad valorem rate; blending-produced oils excluded unless duty charged.
Notification exempts speciality oils under specified tariff subheadings from excise duty to the extent the duty exceeds an amount calculated at a prescribed ad valorem rate, but excludes oils manufactured by blending or compounding mineral oils if excise or additional duty on those mineral oils has not been paid; speciality oil is defined as a preparation of mineral oils blended with other oils or substances for industrial use other than as a lubricant, with any lubrication function secondary.
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