Section Text
51 of 1975) (hereinafter referred to as the Customs Tariff Act), inSection 3-,-
(a) in sub-section (1) and before the Explanation, the following proviso shall be inserted, namely:- "Provided that in case of any alcoholic liquor for human consumption imported into India, the Central Government may, by notification in the Official Gazette, specify the rate of additional duty having regard to the excise duty for the time being leviable on a like alcoholic liquor produced or manufactured in different States, or, if a like alcoholic liquor is not produced or manufactured in any State, then, having regard to the excise duty which would be leviable for the time being in different States on the class or description of alcoholic liquor to which such imported alcoholic liquor belongs.";
(b) in sub-section (2), after clause (ii), the following shall be inserted, namely:- "Provided that in case of an article imported into India,-
(a) in relation to which it is required, under the provisions of theStandards of Weights and Measures Act, 1976-(60 of 1976) or the rules made thereunder or under any other law for the time being in force, to declare on the package thereof the retail sale price of such article; and (b) where the like article produced or manufactured in India, or in case where such like article is not so produced or manufactured, then, the class or description of articles to which the imported article belongs, is the goods specified by notification in the Official Gazette under sub-section (1) ofSection 4-A of the Central Excise Act, 1944-(1 of 1944), the value of the imported article shall be deemed to be the retail sale price declared on the imported article less such amount of abatement, if any, from such retail sale price as the Central Government may, by notification in the Official Gazette, allow in respect of such like article under sub-section (2) ofSection 4-A of the Central Excise Act, 1944-(1 of 1944).
Explanation.-Where on any imported article more than one retail sale price is declared, the maximum of such retail sale price shall be deemed to be the retail sale price for the purposes of this section.".