https://www.taxtmi.com/acts?id=20629 The Schedule to the Oil Industry (Development) Act, 1974 is amended to replace the existing specific per tonne cess on domestically produced crude oil with an ad valorem cess, converting the levy from a quantity based specific charge to a value based percentage charge. en-us Mon, 29 Feb 2016 19:10:31 +0530 Mon, 29 Feb 2016 19:10:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20629 The Schedule to the Oil Industry (Development) Act, 1974 is amended to replace the existing specific per tonne cess on domestically produced crude oil with an ad valorem cess, converting the levy from a quantity based specific charge to a value based percentage charge. Act-Rules Bills Mon, 29 Feb 2016 19:10:31 +0530 https://www.taxtmi.com/acts?id=20629