law: Petroleum Act, 1934
  7. No license needed for transport or storage of
  
  limited quantities of petroleum Class B or petroleum Class C
  
  Notwithstanding anything contained in this Chapter, a person
  
  need not obtain a license for the transport or storage of -
  (i) petroleum Class B if the total quantity in his possession at
  
  any one place does not exceed two thousand and five hundred liters and none of
  
  it is contained in a receptacle exceeding one thousand liters in capacity;
  
  or 
  (ii) petroleum Class C if the total quantity in his possession
  
  at any one place does not exceed forty-five thousand liters and such petroleum
  
  is transported or stored in accordance with the rules made under section 4.