Amendment of Act 14 of 2010
111. In the Finance Act, 2010, in section 83, in sub-section (3), for the portion beginning with the words ‘‘for the purposes of’’ and ending with the words ‘‘for any other purpose relating thereto’’, the following shall be substituted, namely:—
‘‘for the purposes of financing and promoting clean environment and energy initiatives, funding research in the area of clean environment or clean energy, or for any other purpose relating thereto.’’.
Notes on Clauses:
Clause 111 of the Bill seeks to amend section 83 of the Finance Act, 2010 so as to expand the scope of the purposes of levy of the Clean Energy Cess thereunder.
