TMI BlogInsertion of new sections 3B and 3C.X X X X Extracts X X X X X X X X Extracts X X X X ..... , the Central Government is satisfied that the duty leviable thereon under section 3 should be increased and that circumstances exist which render it necessary to take immediate action, the Central Government may, by notification in the Official Gazette, amend the Fourth Schedule to substitute the rate of duty specified therein in respect of such goods in the following manner, namely:- (a) in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Explanation.- For the purposes of this sub-section, the term form or method , in relation to a rate of duty of excise, means the basis, including valuation, weight, number, length, area, volume or any other measure, on which the duty may be levied. (2) Every notification under sub-section (1) shall be laid before each House of Parliament, if it is in session, as soon as may be after the i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nment at any time by issuing notification in the Official Gazette. Power of Central Government to amend Fourth Schedule 3C. (1) Where the Central Government is satisfied that it is necessary so to do in the public interest, it may, by notification in the Official Gazette, amend the Fourth Schedule: Provided that such amendment shall not alter or affect in any manner the rates ..... X X X X Extracts X X X X X X X X Extracts X X X X
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