Effective rate of auxiliary duty on Crude Petroleum - 09/91 - Customs -Tariff

Effective rate of auxiliary duty on Crude Petroleum Notification No. 9/91-Cus. Dated 5-3-1991 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), read with sub-clause (4) of clause 3 of the Finance Bill, 1991, which clause has, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), the force of law, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts Crude Petroleum falling under Heading No. 27.09 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from so much of the auxiliary duty of customs leviable thereon under sub-clause (1) of clause 3 of the said Finance Bill as is in excess of Rs. 500 per tonne.