Customs exemption for mineral fuels limits payable duty on specified imported oils to corresponding prescribed rates. The Central Government exempts specified imported mineral fuels and petroleum products from customs duty to the extent that duty exceeds the amounts calculated at the rates specified in the notification's table. The table ties particular tariff headings to either the rate at which excise duty is leviable or to fixed ad valorem percentages and lists technical qualification criteria for certain fuels (flash point, smoke point, viscosity, carbon residue, colour) determined by prescribed tests.
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.
Customs exemption for mineral fuels limits payable duty on specified imported oils to corresponding prescribed rates.
The Central Government exempts specified imported mineral fuels and petroleum products from customs duty to the extent that duty exceeds the amounts calculated at the rates specified in the notification's table. The table ties particular tariff headings to either the rate at which excise duty is leviable or to fixed ad valorem percentages and lists technical qualification criteria for certain fuels (flash point, smoke point, viscosity, carbon residue, colour) determined by prescribed tests.
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