NTF. NO. 06/2019-CE, DT. 06/07/2019
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.
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 underthe 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 undertheFourth Schedule to Excise Act.
Table
|
Sl. No. |
Name of fieldsunder 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
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