Home Acts & Rules F. Acts / Amendment Acts Finance Acts Finance Act, 1968 Chapters List Chapter V INDIRECT TAXES This
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Section 41 - Amendment of Act 27 of 1958 - Finance Act, 1968Extract 41. Amendment of Act 27 of 1958 In section 3 of the Mineral Products (Additional Duties of Excise and Customs) Act, 1858, in sub-section (1), in the Table, - (a) for item 1 and the entries relating to it, the following shall be substituted, namely :- 1. Motor Spirit Two hundred rupees per kilolitre at fifteen degrees of Centigrade thermometer. ; (b) for items 3, 4 and 5 and the entries relating thereto, the following shall be substituted, namely :- 3. Refined diesel oils and vaporizing oil. Four hundred rupees per kilolitre at fifteen degrees of Centigrade thermometer. 4. Diesel oil, not otherwise specified One hundred and twenty-nine rupees and forty-five paise per kilolitre at fifteen degrees of Centigrade thermometer. 5. Furnace oil Fifty-six rupees and sixty paise per kilolitre at fifteen degrees of Centigrade thermometer. ; (c) for item 7 and the entries relating to it, the following shall be substituted, namely :- 7. All products as described in item No. 11A of the First Schedule to the Central Excises and Salt Act, 1944 (1 of 1944) Five hundred rupees per metric Tonne. .
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