Section 26 - Amendment of Act 1 of 1944 - Finance (No. 2) Act, 1965

26. Amendment of Act 1 of 1944. In the Central Excises and Salt Act, 1944, in the First Schedule, (a) in Item No. 6, for the entry in the third column, the entry Four hundred and fifty-five rupees per kilolitre at fifteen degrees of Centigrade thermometer. shall be substituted; (b) in Item No. 7, for the entry in the third column, the entry Two hundred and thirty-five rupees per kilolitre at fifteen degrees of Centigrade thermometer. shall be substituted; (c) in Item No. 8, for the entry in the third column against each of the sub-items (a) and (b), the entry Four hundred and eighty-nine rupees per kilolitre at fifteen degrees of Centigrade thermometer. shall be substituted; (d) in Item No. 9, for the entry in the third column, the entry Ninety rupees per metric tonne. shall be substituted; (e) in Item No. 10, for the entry in the third column, the entry ''Eighty rupees per metric tonne.'' shall be substituted; (f) in Item No. 11, for the entry in the third column against each of the sub-items (1) and (2), the entry Thirty per cent. ad valorem. shall be substituted; (g) in Item No. 11A, for the entry in the third column, the entry Ten per cent, ad valorem. shall be substituted; (h) in Item No. 14E, (i) the existing Explanation shall be numbered as Explanation I; (ii) after Explanation I as so re-numbered, the following Explanation shall be inserted, namely: 'Explanation II. Alcohol , Opium , Indian Hemp , Narcotic Drugs and Narcotics have the meanings respectively assigned to them in section 2 of the Medicinal and Toilet Preparations (Excise Duties) 16 of 1955. Act, 1955.'; (i) in Item No. 14F, the following Explanation shall be inserted at the end, namely: 'Explanation. Alcohol , Opium , Indian Hemp , Narcotic Drugs and Narcotics have the meanings respectively assigned to them in section 2 of the Medicinal and Toilet Preparations (Excise Duties) Act, 1955.'; (j) in Item No. 26, for the entry in the third column, the entry Seventy-five rupees per metric tonne. shall be substituted; (k) in Item No. 26A, for the entries in the third column against sub-items (1) and (2), the entries One thousand and five hundred rupees per metric tonne. and Two thousand rupees per metric tonne. shall, respectively, be substituted; (l) in Item No. 26AA, for the entry in the third column against each of the sub-items (i) and (ia), the entry Fifty rupee; per metric tonne plus the excise duty for the time being leviable on steel ingots. shall be substituted; (m) in Item No. 26B, for sub-items (1) and (2), the following sub-items shall be substituted, namely: (1) Unwrought, including ingots, cakes, bars, blocks, hard or suit slabs, billets, plates, cathodes, anodes, pellets, spelter, dross, ashes and broken zinc. Five hundred rupees per metric tonne. (2) Manufactures, the following, namely, plates, sheets, circles, strips and foils in any form or size. Eight hundred rupees per metric tonne. (3) Pipes and tubes Ten per cent. ad valorem. ; (n) after Item No. 27, the following Item shall be inserted, namely: 27A. LEAD unwrought, including ingots, pigs, blocks, anodes, slabs, cakes and cast sticks. Five hundred rupees per metric tonne. .