All Public Sector Oil Company to Get Excise Benefit on Supplies to Coast Guard

[Central Excise Notification No. 30 dated 22nd July 2010]

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944) read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.64/95-Central Excise, dated the 16th March, 1995 , published in the Gazette of India, Extraordinary, Part II, section 3, Sub-section (i), vide number G.S.R.256(E), dated the 16th March, 1995, namely:-

In the said notification, in the TABLE, against S.No.3A, in column (3),-

(i) in paras (a) and (b), for the words “ Indian Oil Corporation Limited” wherever they occur , the words “any public sector oil company” shall respectively be substituted;

(ii) in the proviso, for the words “ Indian Oil Corporation Limited” at both the places where they occur, the words “such public sector oil company” shall be substituted.

[F.No.354/87/2007-TRU(Pt.1)]