Auxiliary duty exemption on crude petroleum limits additional customs charges on imports above a specified threshold. The Central Government exempts imports of crude petroleum from the portion of auxiliary customs duty exceeding a specified per tonne cap, limiting the auxiliary duty chargeable under the Finance Bill provision to the capped amount per tonne on crude oil imports into India.
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Provisions expressly mentioned in the judgment/order text.
Auxiliary duty exemption on crude petroleum limits additional customs charges on imports above a specified threshold.
The Central Government exempts imports of crude petroleum from the portion of auxiliary customs duty exceeding a specified per tonne cap, limiting the auxiliary duty chargeable under the Finance Bill provision to the capped amount per tonne on crude oil imports into India.
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