Zero Excise Duty on Bunker Fuels for use in Indian Flag Vessels for Carrying Cargo Allowed without Time Limit

[Central Excise Notification No. 02 dated 7^th January 2015]

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 12/2012-Central Excise, dated the 17^th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 163(E), dated the 17^th March, 2012, namely: -

In the said notification, in the opening paragraph, the third proviso shall be omitted.

[F. No. 354/126/2014-TRU]