SCHEDULE I
                                                                                                           (see clause 2(m))
Detail of norms for permissible stock variation
Variation in stocks in underground tanks is considered to be beyond normal operation level when the inspection establishes that the variation in stocks in the underground tanks is beyond +/-4% of tank stock over and above: (i) Evaporation/handling losses in Motor Sprit as follows-
0-75% on annual average sales of 0-600 Kilolitres
0-60% on annual average sales of above 600 Kilolitres.
(ii) Handling losses in High Speed Diesel as follows-
0-25% on annual average sale of 0-600 Kilolitres
0-20% on annual average sales of above 600 Kilolitres.
(Shrinkage losses and temperature variation allowance quantities on Motor Sprit/High Speed Diesel to be taken in the account wherever the same are applicable)