C.No.l/253-STT/99, Dated 14th December, 1999.

I am directed to refer to your letter No.CT.886 dated 11.11.1999 on the above subject and to say that "lubricating oil" and "greases", if classifiable under PCT Heading 27.10, are covered under the term "petroleum products" and are not liable to the payment of further tax under clause (iv) of sub-section-3 of section 3(1 A)…