Jute Manufacturers Cess Act, 1983 Section 4 - Bare Act

StateCentral Government
Year1983
Section TitleCrediting Proceeds of Duties to the Consolidated Fund of India
Act Info:

The proceeds of the duty of excise levied under sub-section (1) of section 3 shall first be credited to the Consolidated Fund of India and the Central Government may, if Parliament, by appropriation made by law in this behalf, so provides, pay to the Jute Manufactures Development Council, from time to time, from out of such proceeds (after deducting the cost of collection which shall not exceed four per cent.of such proceeds) such sums of money as it may think fit being utilised for the purposes of the Jute Manufactures Development Council Act, 1983.