This notification exempts petroleum crude from the levy of Additional duty

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..... petroleum crude from the levy of Additional duty Notification No. 50/97-Cus., dated 26-5-1997. Additional Duty - Petroleum crude In exercise of the powers conferred by sub-section (1) of s .....

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..... said Customs Tariff Act, as is equivalent to the duty of excise leviable on petroleum crude under sub-section (1) of section 15 of the Oil Industry (Development) Act, 1974 (47 of 1974). - .....

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