Year : 1957
[Act No. 3 of 1962]
[30th March, 1962]
An Act to provide for the distribution of a pan of the net proceeds of certain Union duties of excise among the States in pursuance of the principles of distribution formulated and the recommendations made by the Finance Commission in its report dated the 14th day of December, 1961.
Be it enacted by Parliament in the Thirteenth Year of the Republic of India as follows:-
Section -1 Short title
This Act may be called the Union Duties of Excise (Distribution) Act, 1962.
Section -2 Definition
In this Act, the expression "distributable Union duties of excise" means twenty per cent. of the net proceeds of the duties of excise levied and collected under the Central Excises and Salt Act, 1944 (1 of 1944) on each of the articles specified in the Schedule to this Act, as defined in the First Schedule to the Central Excises and Salt Act, 1944.
Section -3 Distribution of a part of union duties of excite
During each financial year commencing on and after the first day of April, 1962, there shall be paid out of the Consolidated Fund of India to each of the States specified in column 1 of the Table below such percentage of the distributable Union duties of excise as is set out against it in column 2:-
among the States.
|Jammu and Kashmir||2.02|
Section -4 Expenditure to be charged on the Consolidated Fund of India
Any expenditure under the provisions of this Act shall be expenditure charged on the Consolidated Fund of India.
Section -5 Power to make rules
(1) The Central Government may, by notification in the Official Gazette, make rules providing for the time at which and the manner in which, any payments under this Act are to be made, for the making of adjustments between one financial year and another and for any other incidental or ancillary matters.
(2) Every rule made under this section shall be laid as soon as may be after it is made, before each House of Parliament while it is in session for a total period of thirty days which may be comprised in one session or in two successive sessions, and if, before the expiry of the session in which it is so laid or the session immediately following, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so however that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.
Section -6 Repeal
The Union Duties of Excise (Distribution) Act, 1957 (56 of 1957), shall, as from the first day of April, 1962, stand repealed.
(See section 2)
|Name of article||Number of item of the Central Excises and Salt Act, 1944 defining the article|
|Refined diesel oils and vaporizing oil||8|
|Diesel oil, not otherwise specified||9|
|Asphalt and Bitumen||11|
|Vegetable non-essential oils||12|
|Vegetable product ||13|
|Pigments, colours, paints, enamels, varnishes, blacks and cell.||14|
|Rayon and synthetic fibres and yarn||18|
|Rayon or artificial silk fabrics||22|
|Tin plate and tinned sheets including tin taggers, and cutting of such plates, sheets or taggers||28|
|Internal combustion engines, all sorts||29|
|Electric motors, all sorts and parts thereof||30|
|Electric batteries, and parts thereof ||31|
|Electric lighting bulbs and fluorescent lighting tubes||32|
|Cycles, parts of cycles other than motor cycles||35|
|Cinematography films, exposed||37|