Exemption to specified Goods Imported in connection with off-shore oil exploration or exploitation
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....ified in the table below, when imported into India in connection with the purposes of off-shore oil exploration or off-shore oil exploitation, from the whole of the duty of customs leviable thereon under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and from the whole of the additional duty, if any, leviable thereon under Section 3 of the said Customs Tariff Act, subject to the condition that the importer produces, at the time of clearance of the goods, a certificate issued by the Member Secretary of the Empowered Committee on the Indigenisation of the Oil Field Equipment and Services of the Ministry of Petroleum and Natural Gas, Government of India, certifying that the said goods are essential for the purposes of the said....
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....Baskets, Fishing Magnets, Junk Subs, Fishing Jar, Drilling Jar. 10. High Pressure Hoses, Rotary and Vibrator, Hoses Cementing and Circulating Hoses including rubberized components, Casing Thread Protectors, Drill Pipes Thread Protectors, Drill Pipe Wipers. 11. Oilfield chemicals, Mud chemicals, Well Stimulation Chemicals, Water Injection Chemicals, Oil Flow Improvers including Tri Ethyl Glycol, Pour Point Depressant, Corrosion Inhibitors, Methyl Diethanol Amine (MDEA), Ethyl Mercaptaine, Antifoam, Ferrochrome Lignosulphonate Sulphonated Asphalt, Chrome Lignite, Sintered Bauxite, Polyanionic Cellulose. 12. Oilwell Class 'G' Cement and Cement Additives. 13. Production equipment including Gas Lift Equipment, Stimulation equip­ment,....
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....o-scientific laboratory equipment, Process and Control equipment, Interface level detector, Plotter. 25. Reservoir Engineering Equipment. 26. Oilfield and laboratory Chemistry equipment, Instruments including Fann V.G. Meter, Moisture Meter, Spectrometer, TOC Analyser, Fluourescencc Meter, Gas Chromatograph. 27. Non-sparking Tools, Neutron Gamma Rays Tools and equipment. 28. Drill Stem Testing (DST) equipment. 29. Safety and Pollution Control equipment, including life raft. 30. Seismic Units, Vibrosis Units, Open Hele Logging Units, Production Logging Units, Mud Logging Units and Ni-cd batteries. 31. Process platforms, Well Platforms, Production Platforms, Water Injection Platforms, Top Deck Equipment and Equipment required on....


TaxTMI
TaxTMI