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Fiscal Statutes

Matched in: Term Fiscal Statutes

Interpretation of items in Tariff Schedule

definition is provided in the statute itself, as in this case, for ascertaining the correct meaning of a fiscal entry reference to a dictionary is not always safe as it gives all the different shades of meaning. … Interpretation of items in Tariff Schedule, where no definition is provided in the statute itself, as in this case, for ascertaining the correct meaning of a fiscal entry reference to a dictionary

Income

by implication, to any restriction by the way in which that term might have been deployed in a fiscal statute. The expression 'income' in the legislative entry has always been understood in a wide and comprehensive connotation … implication, to any restriction by the way in which that term might have been deployed in a fiscal statute. The expression 'income' in the legislative entry has always been understood in a wide and comprehensive connotation to

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account

cash or notes receivable) or a particular person or concern b : a statement of transactions during a fiscal period showing the resulting balance sometimes used in the pl. [trustees filed annual s as required by statutefiscal period showing the resulting balance sometimes used in the pl. [trustees filed annual s as required by statute "W. M. McGovern, Jr. et al."] 2 : a periodically rendered reckoning (as one listing charged purchases and

Revenue

Lands, Woods and Forests and miscellaneous holdings such as shares in the Suez Canal, and other profits or fiscal prerogatives of the Crown. See Halsb. Encycl. Laws of England, tit. 'Revenue'; Chitty's Statutes, tits. 'Customs,' 'Property Tax,'

Customs

The (English) Import Duties Act, 1932 (22 & 23 Geo. 5, c. 8), gives effect to the changed fiscal policy; it imposed a 10 per cent. ad valorem duty on imports; constituted an Advisory Committee to make … and the Irish Free State (Special Duties) Act, 1932 (22 & 23 Geo. 5, c. 30). See Chitty's Statutes, tit. 'Customs

Exemption provision

construed strictly either because of legislative intention or on economic justification of inequitable burden or progressive approach of fiscal provisions intended to augment state revenue, Union of India v. Wood Papers Ltd., AIR 1991 SC 2049 (2051): … Exemption provision, an 'exemption provision' is like an exception and on normal principle of construction or interpretation of statutes it is construed strictly either because of legislative intention or on economic justification of inequitable burden or progressive

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