Basic excise duty on kerosene used in the manufacture of alkylbenzene or heavy alkylate on a net consumption basis - 029/89 - Central Excise - Tariff

Basic excise duty on kerosene used in the manufacture of alkylbenzene or heavy alkylate on a net consumption basis

Notification No. 29/89-C.E.

Dated 1-3-1989

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts kerosene falling under heading No. 27.10 of the Schedule of the Central Excises Tariff Act, 1985 (5 of 1986) intended for use in the manufacture of linear alkyl benzene or heavy alkylate from so much of the duty of excise leviable thereon as is in excess of the duty leviable on the quantity of kerosene consumed in the manufacture of linear alkyl benzene or heavy alkylate.

EXPLANATION : The quantity of kerosene consumed in the manufacture of linear alkyl benzene or heavy alkylate shall be calculated by subtracting from the quantity of kerosene received by the factory manufacturing linear alkyl benzene or heavy alkylate, the quantity of mineral oil, falling under heading No. 27.10 of the said Schedule, generated in such manufacture and returned by the factory to a refinery, declared as such under sub-rule (2) of rule 140 of the Central Excise Rules, 1944.