https://www.taxtmi.com/caselaws?id=372399 Condensate obtained during processing of natural gas was examined for oil cess liability under the Oil Industries (Development) Act, 1974. The text states that the charging provision applies only to the goods specified in the Schedule, and that condensate is a distinct product from crude oil under the statutory definition and petroleum rules; levy could not be extended by implication or by borrowing classifications from other enactments. It also notes that the demand was issued for a past period without invocation of the extended period, so it was time-barred under the applicable limitation framework. The stated result is that the cess demand could not be sustained on merits or limitation. en-us Thu, 20 Dec 2018 00:00:00 +0530 Fri, 21 Feb 2020 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372399 Condensate obtained during processing of natural gas was examined for oil cess liability under the Oil Industries (Development) Act, 1974. The text states that the charging provision applies only to the goods specified in the Schedule, and that condensate is a distinct product from crude oil under the statutory definition and petroleum rules; levy could not be extended by implication or by borrowing classifications from other enactments. It also notes that the demand was issued for a past period without invocation of the extended period, so it was time-barred under the applicable limitation framework. The stated result is that the cess demand could not be sustained on merits or limitation. Case-Laws Central Excise Thu, 20 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372399