TypeBare Act JurisdictionCentral Government Enacted1986

Finance Act, 1986 Section 54

AMENDMENT OF ACT 12 OF 1953 - In the Khadi and other Handloom Industries Development

Section Text

Additional Excise Duty on Cloth) Act, 1953 1 ,--- (i) in section 2. for clause (b), the following clause shall be substituted, namely:- (b) "cloth" means textile fabrics falling under heading Nos. 50.03, 51.06, 51 '07, 51.08. 55.08, 55.09, 55.10, 55.11, 55.12, 58.02, 58.04 and 60.01 the Schedule to theCentral Excise Tariff Act, 1985; (ii) insection 3-, in sub-section (1), for the figures and words "1.9 naya paise per square metre", the figures and words "2.5 paise per sequare metre" shall be submitted.