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Bill - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Amendment of Schedule to Act 47 of 1974 - OIL INDUSTRY ...

Act Rules     Bill

March 5, 2016

Amendment of Schedule to Act 47 of 1974 - OIL INDUSTRY (DEVELOPMENT) ACT, 1974 - to levy cess at the rate of twenty per cent. ad valorem instead of the present rate of ₹ 4500 per tonne, on domestically produced crude oil.

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