Section 15 - Amendment of Act 58 of 1957 - Finance Act, 1961

15. Amendment of Act 58 of 1957 In the Additional Duties of Excise (Goods of Special Importance) Act, 1957,- (a) in clause (c) of section 2,- (i) after the words cotton fabrics , the words silk fabrics shall be inserted; (ii) after the figures 19, , the figures 20, shall be inserted; (b) in sub-section, (1) of section 3, after the words cotton fabrics, , the words silk fabrics, shall be inserted; (c) in the First Schedule,- (1) in Item No. 4,- (i) under I. Unmanufactured tobacco , for sub-item (1), the following sub-item shall be substituted, namely:- (1) if flue cured and used in the manufacture of cigarettes. Nil ; (ii) under II. Manufactured tobacco - (A) for sub-item (1), the following sub-item shall be substituted, namely:- (1) Cigars and cheroots of which the value- Per hundred. (i) exceeds Rs. 25 a hundred. Three rupees and seventy-five naye paise. (ii) exceeds Rs. 15 a hundred, but does not exceed Rs. 25 a hundred. Two rupees and twenty-five naye paise. (iii) exceeds Rs. 5 a hundred, but does not exceed Rs. 15 a hundred. Seventy-five naye paise. (iv) exceeds Rs. 1.25 a hundred, but does not exceed Rs. 5 a hundred. Fifteen naye paise. ; (B) in sub-item (2), for sub-items (2)(i) and (2)(ii), the following shall be substituted, namely:- (2)(i) exceeds Rs. 35 a thousand. Seven rupees and seventy naye paise. ; (C) the sub-items (2)(iii), (2)(iv), (2)(v), (2)(vi), (2)(vii), (2)(viii) and (2)(ix) shall, respectively, be renumbered as sub-items (2) (ii), (2) (iii), (2) (iv), (2)(v), (2)(vi), (2)(vii) and (2) (viii); (2) after Item No. 19, the following Item shall be inserted, namely:- 20. SILK FABRICS. Thirty naye paise per square metre. ; (d) in the Second Schedule, in Part III,- (i) in clause (a) of paragraph 5, after the words cotton fabrics, , the words silk fabrics, shall be inserted; and (ii) in the proviso to paragraph 6, after the words cotton fabrics , the words silk fabrics shall be inserted.