NTF. NO. 37/2007-CE, DT. 01/11/2007
- Document type
- Notification
- Reference no.
- I
- Dated
- Category
- Tariff
Amendments in NTF. NO. 64/95-CE, DT. 16/03/1995 (Fuels falling under Chapter Heading 2710)
Amendments in NTF. NO. 64/95-CE, DT. 16/03/1995 (Fuels falling under Chapter Heading 2710)
In the said notification, in the TABLE, after S.No.3 and the entries relating thereto, the following S.No. and entries shall be inserted, namely:-
| (1) | (2) | (3) |
| 3A. | Fuels falling under Chapter Heading 2710. | If,- (a) manufactured and supplied by Indian Oil Corporation Limited as stores for consumption on board a vessel of the Indian Navy or Coast Guard; or (b) procured by Indian Oil Corporation Limited from any other manufacturer of the said fuels and supplied as stores for consumption on board a vessel of the Indian Navy or Coast Guard: Provided that- (i) Indian Oil Corporation Limited obtains registration under rule 9 of the Central Excise Rules, 2002, with the Assistant Commissioner or Deputy Commissioner of Central Excise having jurisdiction over the concerned supply point; (ii) maintains records of receipt and supplies of these fuels; (iii) submits a monthly reconciliation statement to and proves to the satisfaction of the jurisdictional central excise officer that such fuels have been supplied as stores for consumption on board a vessel of Indian Navy or Coast Guard; and (iv) failing which Indian Oil Corporation Limited pays the excise duty leviable on fuels not properly accounted for along with interest. |
[F.No.341/87/2007-TRU
(G. G. Pai)
Under Secretary to the Government of India