Prescribes effective rates of basic duty on specified goods falling under Chapter 27
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.... 1975) specified in the corresponding entry in column (2) of the said Table from so much of the duty of customs leviable thereon which is specified in the said First Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table. TABLE S. No. Heading/Sub- heading No. Description Rate of duty (1) (2) (3) (4) 1. 27.01 Coking coal of ash content below 12% 5% ad valorem 2. 27.04 Coke with phosphorous content of 0.035% or below 20% ad valorem 3. 27.09 Petroleum oils and oils obtained from bituminous minerals, crude Rs. 1000 per tonne. 4. 27.10 Motor spirit Nil 5. 27.10 Kerosene Nil 6. 27....
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....ighteen millimetres or more and is ordinarily used as an illuminant in oil burning lamps. 3. "High speed diesel oil" means any hydrocarbon oil (excluding mineral colza oil and white spirit) which has its flash point at or above 25° centigrade, is ordinarily used as fuel in automative engines and satisfies either of the following requirements :- (i) the oil has a smoke point of 10 millimetres or more but less than 20 millimetres, or (ii) the oil has a smoke point of less than 10 millimetres but has a viscosity of less than 50 seconds by Redwood I Viscometer at 37.8° Centigrade and satisfies the following conditions :- (a) leaves carbon residue of less than 1/4 per cent by weight when tested by Ramsbottom carbon Residue Apparatu....
TaxTMI