Exemption from additional customs duty on high speed diesel where it equals the specified additional excise levy. The Central Government exempts imported high speed diesel oil under heading No. 27.10 from that portion of additional customs duty equivalent to the additional excise duty specified in the Finance Bill, 1999, exercising powers under section 25(1) of the Customs Act; the exemption is effected by notification and applies solely to the equivalence between the customs additional duty and the excise levy identified in the Finance Bill.
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 from additional customs duty on high speed diesel where it equals the specified additional excise levy.
The Central Government exempts imported high speed diesel oil under heading No. 27.10 from that portion of additional customs duty equivalent to the additional excise duty specified in the Finance Bill, 1999, exercising powers under section 25(1) of the Customs Act; the exemption is effected by notification and applies solely to the equivalence between the customs additional duty and the excise levy identified in the Finance Bill.
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