In exercise of the powers conferred by sub-section (3) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government hereby makes the following riles, namely :-
1. Short title and commencement. - (1) These rules may be called the Transformer Oil (Additional Duty) Rules, 1978.
(2) They shall come into force on the date of their publication in the Official Gazette.
2.Levy of Additional Duty. - For the purpose of sub-section (3) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the additional duty leviable on Transformer Oil falling within Chapter 27 of the First Schedule to the said Act, when imported into India, shall be equal to such portion of the excise duty for the time being leviable on the raw material commonly known as Transformer Oil base stock or Transformer Oil feedstock as is equivalent to a duty of excise of one thousand and fifty five rupees and twenty five paise per metric tonne, that is to say, nine hundred rupees per kilolitre at fifteen degrees of centigrade therometer on indigenous Transformer Oil.
[Notification No. 190-Cus., dated 22-9-1978.]
TRANSFORMER OIL (ADDITIONAL DUTY) RULES : NOTIFICATION
In exercise of the powers conferred by sub-section (3) of section 3 of the Customs Tariff Act 1975 (51 of 1975), the Central Government, being satisfied that it is in public interest so to do, hereby directs that Transformer Oil falling within Chapter 27 of the First Schedule to the said Act, when imported into India, shall be liable to such additional duty as may be determined in accordance with the Transformer Oil (Additional Duty) Rules, 1978.
[Notification No. 191-Cus., dated 22-9-1978.]
 |