Seeks to exempt crude petroleum oil produced in specified oil fields under production sharing contracts or in the exploration blocks offered under the New Exploration Licensing Policy (NELP) through international competitive bidding. - 06/2019 - Central Excise - Tariff

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 6/2019-Central Excise New Delhi, the 6th July, 2019 G.S.R. 489 (E). In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944) (hereinafter referred to as the Excise Act), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts, petroleum oils and oils obtained from bituminous minerals, crude, produced either in the fields under the Production Sharing Contracts, specified in column (2) of the Table below or in the exploration blocks offered under New Exploration Licensing Policy (NELP) through competitive international bidding, from whole of the duty of excise leviable thereon under the Fourth Schedule to Excise Act. Table Sl. No. Name of fields under Production Sharing Contracts (1) (2) 1. Panna and Mukta fields 2. Ravva field 3. Kharsang field 4. Mid and South Tapti fields 5. Hazira field 6. Bhandut field 7. Matar field 8. Sabarmati field 9. Cambay field 10. Indrora field 11. Bakrol field 12. Lohar field 13. Dholka field 14. Wavel field 15. Baola field 16. Asjol field 17. PY-1 field 18. North Balol field 19. Allora field 20. Unawa field 21. Dholsan field 22. Kanwara field 23. Modhera field 24. Amguri field 25. North Kathana field 26. Sanganpur field [F. No.334/3/2019-TRU] (Gunjan Kumar Verma) Under Secretary to the Government of India