No customs duty on crude petroleum and oils obtained from bituminous minerals when imported into India from Brunei Darussalam under ASEAN-India FTA

The Government of India vide Notification No. 63/2012- Customs, dated 31st December, 2012 with effect from 1st January, 2012 exempts Crude Petroleum oils and oils obtained from bituminous minerals falling under the tariff item 27090000 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India from Brunei Darussalam, from whole of the duty of customs leviable thereon under the First Schedule to the Customs tariff Act, 1975 ( 51 of 1975).

To view the full text of the circular, please follow the link

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