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Finance Act, 1966 Complete Act

State: Central

Year: 1966

.....repealed SECTION 41: AMENDMENT OF ACT 18 OF 1958 - [Note.- This section amended the Gift-tax Act. 1958-, which were then incorporated in that Act.] SECTION 42: REPEAL OF ACT 14 OF 1963 -The Super Profits Tax Act, 1963, is hereby repealed. SECTION 43: AMENDMENT OF ACT 7 OF 1964 - [Note.- This section amended Companies (Profits) Surtax Act, 1964, which were then incorporated in that Act.] SECTION 44: SPECIAL DUTIES OF CUSTOMS (1)" In the case of goods chargeable with a duty of customs which is specified in the first Schedule to the Indian Tariff Act, 1934(hereinafter referred to as the Tariff Act), or in that Schedule as amended by a subsequent Central Act, if any, or in that Schedule read with any notification of the Central Government for the time being in force, there shall be levied and collected as an addition to, and in the same manner as, the total amount so chargeable, a special duty of customs equal to 10 per cent. of such amount: Provided that in computing the total amount so chargeable, any duty chargeable under section 2A of the Tariff Actorsection 45-of this Act shall not be included. (2) Sub-section (1) shall cease to have effect after the 31st day of May,.....

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