Raw naphtha for use as fuel [Ch. 27] - 299/88 - Central Excise - Tariff

Raw naphtha for use as fuel [Ch. 27]

Notification No. 299/88-C.E.

Dated 30-12-1988

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 raw naphtha falling under Chapter 27 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from so much of the duty of excise leviable thereon which is specified in said Schedule, as is in excess of the amount calculated at the rate of rupees five hundred and twenty-five per kilolitre at fifteen degrees of Centigrade thermometer, when intended for use as fuel in the generation of power in the units specified in the Table hereto annexed :

Provided that the procedure set out in Chapter X of the Central Excise Rules, 1944, is followed :

TABLE

(i) Talcher Unit of the Fertilizer Corporation of India Limited.

(ii) Barauni Unit of Hindustan Fertilizer Corporation Limited; and

(iii) Madras Fertilizers Limited.

2. This notification shall come into force on the 1st day of January, 1989 and shall remain in force upto and inclusive of the 31st day of December, 1989.