The notification amends the duty rate listed in the table of the principal notification 50/2017 dated 30th June 2017. Under serial number 404, the existing entry in column (5) will be replaced with 18% (up from earlier 5%) , applicable for specified goods required for petroleum operations under exploration licenses, mining leases, contracts under the New Exploration Licensing Policy, Marginal Field Policy, or coal bed methane operations.
