Government of Pakistan

Revenue Division

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Islamabad,  the 22nd January, 2002.

 

NOTIFICATION

(Central Excise)

 

            S.R.O.51(I)/2002.—In exercise of the powers conferred by sub-section (1) of section12A of the Central Excises Act, 1944 (I of 1944), the Federal Government is pleased to direct that the following further amendments shall be made in its Notification No.S.R.O.455(I)/96, dated the 13th June, 1996, namely:-

 

            In the aforesaid Notification, in the Table, —

 

(1)               the item “Base lube oil” in column (1), and the entries relating thereto in columns (2), (3) and (4) shall be omitted; and

 

(2)               against the item “Lubricating oil” in column (1), in column (3), after clause (ii), the following new clause and the entry relating thereto in column (4) shall be added, namely:-

 

“(iii)      If manufactured from excise                  The difference between

duty paid lube base oil              the excise duty paid on

                                                            base lube oil and that

                                                            payable on the finished

                                                            lubricating oil.”.

 

[C.No.1(2)-CEB/2000-Vol.II]

 

 

 

                                                                                                (NASEER AHMAD)

                                                                                                 Additional Secretary