Bunker fuel meant for vessels can be kept in warehouse without payment of duty

By | July 7, 2016
(Last Updated On: July 7, 2016)

NOTIFICATION NO.31/2016-C.E. (N.T.), DATED 4-7-2016

In exercise of the powers conferred by sub-rule (1) of rule 20 of the Central Excise Rules, 2002, the Central Government being satisfied that it is necessary in public interest so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 17/2004-Central Excise (N.T.), dated the 4th September, 2004, published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (1) vide number G.S.R. 565(E) dated 4th September, 2004, namely:—

In the said notification, in the table, in column (2), in SI. No. 2, after item (vii) of clause (b) and before Explanation the following clause shall be inserted, namely, —

“(c) bunker fuels for use in ships or vessels, as referred to in SI. No. 65A of the table in the notification, of the Government of India, in the Ministry of Finance (Department of Revenue) No. 12/2012-Central Excise, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (i) vide number G.S.R. 163(E) dated 17th March, 2012.”.

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