TypeBare Act JurisdictionCentral Government Enacted1968

Finance Act 1968 Section 41

Amendment of Act 27 of 1958

Section Text


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.".