Exemption to specified goods for supply to the Oil and Natural Gas Commission or the Oil India Limited
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....ule to the Central Excise Tariff Act, 1985 (5 of 1986) as is in excess of the amount calculated at the rate of 10 per cent ad valorem; Provided that before clearance of the said goods a certificate from the Oil and Natural Gas Commission or as the case may be the Oil India Limited, to the effect that such goods are required to be used in connection with their oil exploration or exploitation activity, is produced to the proper officer : Provided further that such certificate or evidence as may be required by the proper officer for verifying that the said goods have been used in connection with the oil exploration or exploitation activity, is furnished : Provided also that in relation to the exemption under this notification, the pro....
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.... Resinex. 41. Spoting Fluids. 42. Mud Loss Control Agent :- (i) Ethopolmers; (ii) Extreme Pressure Lubricants. 43. Corrosion Inhibitor. 44. Shale Stabilizers. 45. Oil Base Mud Chemicals. 46. Surfactants. 47. Silt Suspending Agents. 48. Calcium Bromide & Zinc Bromide. 49. Hydroxy Ethyle Cellulose. 50. Oilwell Cement. 51. Land Drilling Rigs, Mobile Rigs, Desert Rigs. 52. Blow Out Preventers (BOP) Annular Ram Type. 53. BOP Accumulator & Control Unit. 54. High Pressure Testing Unit. 55. Casing Pipes. 56. Drill Collars. 57. Kelly Square/Hexagonal/Triangular Shape of Different sizes. 58. Cross Overs, Lifting Subs, Lifting Blocks, To....
TaxTMI