Government of Pakistan
Revenue Division
***
(Central Excise)
S.R.O.67(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)
against
the item “Transformer 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
transformer
oil.”; and
(2)
against
item “Petroleum greases” in column (1), in column (3), the existing entry shall
be numbered as (i) and thereafter the following new clause and the entry
relating thereto in column (4) and shall added, namely:-
“(ii) 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
petroleum
greases.”.
[C.No.1(2)-CEB/2000-Vol.II]
(NASEER AHMAD)
Additional Secretary