Goods imported in connection with off-shore oil exploration or exploitation
X X X X Extracts X X X X
X X X X Extracts X X X X
....f the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in the Table below, when imported into India in connection with the purposes of the off-shore oil exploration or exploitation, from so much of that portion of the duty of customs leviable thereon which is specified in the First Sched....
X X X X Extracts X X X X
X X X X Extracts X X X X
....system and Magnetic tapes. 2. Drilling rig and equipment including tug, BOP drill pipe. 3. Helicopters. 4. Supply Boats. 5. Equipment for specialised services like cementation, logging, diving and mud casings services. 6. Castings and tubings. 7. Drilling bits. 8. Chemicals for preparation of mud. 9. Process, production and well platforms for oil, ga....
TaxTMI