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of <h1>Government Exempts Certain Mineral Fuels and Oils from Excess Customs Duty Under Section 25(1) of Customs Act, 1962</h1> The Central Government, under Section 25(1) of the Customs Act, 1962, exempts specific mineral fuels, oils, and products from excess customs duty beyond the rates specified in the First Schedule of the Customs Tariff Act, 1975. The notification covers various hydrocarbon oils such as motor spirit, kerosene, aviation turbine fuel, high-speed diesel oil, diesel oil, furnace oil, lubricating oil, hydrocarbon oil for batching, lubricating greases, liquid paraffin, and other petroleum oils. Specific duties range from ad valorem rates to fixed rates per kilolitre, effective from February 28, 1986.
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