Central Excise exempts, petroleum oils and oils obtained from bituminous minerals crude, produced in the fields under the Production Sharing Contracts.

15 Jul, 2019

Notification No. 6/2019-Central Excise   Dated. 6th July, 2019

Issued by. Ministry of Finance 

G.S.R.      (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

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