SCHEDULE 2
PROCEDURE AND FORMULAS FOR EFFECTING THE COMPARISON REQUIRED BY REGULATION 6(3)(c) IN RESPECT OF THE RATE OF NET EXCISE DUTY PER LITRE OF SECTION 13AA KEROSENE (called below the “rate of net excise duty”)
1.The comparison shall be effected by the following steps—
2.The rate of net excise duty (for the purposes of...
3.The rate of net excise duty (for the purposes of...