https://www.taxtmi.com/schedules?id=23 Cess is imposed on crude oil under the Oil Industry (Development) Act, 1974, but crude oil from exploration blocks offered under NELP through competitive international bidding is exempt from the section 15(1) cess by Ministry notification; the document records a specified per tonne cess rate and notes legislative amendments substituting and later revising that rate. en-us Sun, 20 Jan 2008 21:10:00 +0530 Wed, 13 Jun 2012 16:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/schedules?id=23 Cess is imposed on crude oil under the Oil Industry (Development) Act, 1974, but crude oil from exploration blocks offered under NELP through competitive international bidding is exempt from the section 15(1) cess by Ministry notification; the document records a specified per tonne cess rate and notes legislative amendments substituting and later revising that rate. Schedules Central Excise Sun, 20 Jan 2008 21:10:00 +0530 https://www.taxtmi.com/schedules?id=23