TMI BlogExemption to specified goods imported in connection with off-shore oil exploration or exploitationX X X X Extracts X X X X X X X X Extracts X X X X ..... poses of off-shore oil exploration or off-shore oil exploitation, from so much of that portion of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as is in excess of the amount calculated at the rate of 25 per cent ad valorem 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 goods, a certificate issued by the Member-Secretary of the Empowered Committee on the Indigenisation of the Oil Field Equipments and Services of the Ministry of Petroleum and Natural Gas, Government of India certifying that the said goods are essentia ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , Gasoline and Swabbing Equipment. 7. Mud conditioning Equipment including share shakers, Mud Agitators, Desander, Desilter, Degasser. 8. Stationary or Skid Mounted and Mobile Cementing Units including Cementing Bunkers. 9. Handling Tools, including Elevators, Casing Tongs, Tubing Tongs, Manual and Hydraulic Tongs, Drill Pipe Spinner, Slips Fishing Tools, Junk 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 Protector ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 18. Sub-surface equipment, including Sucker Rod Pumps, Sucker Rods Adapter Flanges and Spools. 19. Well completion and Wireline equipment, Wireline Winches, Wireline Tools. 20. Mobile and Stationary Cranes. 21. Explosives and Fire Fighting equipment, Fire and Gas Detection equipment including H2S Monitor and Fire Fighting materials. 22. Common Depth Point (CDP) Cables, Logging Cables, Connectors, Geophone Strings, Photographic Paper, Perforation Equipment, Explosives. 23. Geophysical Data Acquisition Survey and Proce ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ting equipment. 33. Coating and Wrapping Materials for Flowlines and Trunk Pipelines. 34. Cranes, Trenchers, Equipment needed for installation of platforms and laying of pipelines. 35. Single Buoy Mooring including Hoses and Ropes, Power Management System, Bow Thruster, Azimuth Thruster, Controllable pitch transverse propeller. 36. Subsea Pipeline and equipment. 37. Telecommunication and Telemetry equipment. 38. Anodes for Cathodic Protection System. 39. Equipment for Oil Termina ..... X X X X Extracts X X X X X X X X Extracts X X X X
|