This notification exemps high speed disel oil from the levy of additional duty - 59/1999 - Customs -Tariff

Rescinded vide Notification No. 18/2018 Dated 02-02-2018 This notification exempts high speed disel oil from the levy of additional duty Notification No. 59/99- Cus ., dated 11-5-1999. High speed diesel oil - Additional duty of customs - Exemption Notification No. 59/99- Cus ., dated 11-5-1999. In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts high speed diesel oil, falling under heading No. 27.10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India, from so much of the additional duty leviable thereon under sub-section (1) of section 3 of the said Customs Tariff Act, as is equivalent to the additional duty of excise leviable on high speed diesel oil under section 133 read with Second Schedule of the Finance Act, 1999 (27 of 1999).