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of <h1>Government Exempts High Speed Diesel Oil from Additional Customs Duty under Notification No. 24/99-Cus, Effective February 28, 1999</h1> The Central Government, exercising its authority under the Customs Act, 1962, has issued Notification No. 24/99-Cus dated February 28, 1999, to exempt high speed diesel oil from additional customs duty. This exemption applies to diesel oil classified under heading No. 27.10 of the First Schedule to the Customs Tariff Act, 1975, when imported into India. The exemption is equivalent to the additional excise duty on high speed diesel oil as specified in clause 133 of the Finance Bill, 1999, which is effective under the Provisional Collection of Taxes Act, 1931.
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