This Notification has been Rescinded Vide Notification No.18/2018-Cus Dated 02/02/2018

Notification No. 59/99-Cus Dated 11-05-99

Exemption on high speed diesel oil.-

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (51 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts high speed diesel oil, falling under heading No. 27.10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1976), when imported into India, from so much of the additional duty leviable thereon under sub-section (1) of the said Customs Tariff Act, as is equivalent to the additional duty of excise leviable on high speed diesel oil under section 133 read with Second Schedule of the Finance Act, 1999 (27 of 1999).