TMI BlogEmergency power of Central Government to increase duty of excise.X X X X Extracts X X X X X X X X Extracts X X X X ..... nces exist which render it necessary to take immediate action, the Central Government may, by notification in the Official Gazette, amend the Fourth Schedule to substitute the rate of duty specified therein in respect of such goods in the following manner, namely:- (a) in a case where the rate of duty as specified in the Fourth Schedule as in force immediately before the issue of such notificati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the basis, including valuation, weight, number, length, area, volume or any other measure, on which the duty may be levied. (2) Every notification under sub-section (1) shall be laid before each House of Parliament, if it is in session, as soon as may be after the issue of the notification, and, if it is not in session, within seven days of its re-assembly, and the Central Government shall seek t ..... X X X X Extracts X X X X X X X X Extracts X X X X
|