Valuation of MS and HSD sold amongst OMCs – MOU -regarding

Central Excise – F. No. 6/21/2003-CX.I (Pt) – Dated:- 14-2-2007 – F. No. 6/21/2003-CX.I (Pt) Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Dated 14th February, 2007. Subject:- Valuation of MS and HSD sold amongst OMCs – MOU -regarding. Sir, I am directed to say that with effect from 1.4.2002, the APM was dismantled and Oil Coordination Committee (OCC) was dissolved. In view of the infrastructural, operational and logistic constraints and to ensure the regular supply of the petroleum products, the Oil PSUs entered into MOUs at the behest of Ministry of Petroleum and Natural Gas, whereby any Oil Company having a warehouse/refinery at any location was obliged to exchange the products with ot

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =