Lawzonline.com

 
 

 


  
  

 

5. Certain refunds to be made when declarations cease to have effect. - 1) Where a declared provision comes into operation as an enactment in an mended form before the expiry of the seventy-fifth day after the day on which the Bill containing it was introduced, refunds shall be made of all duties collected which would not have been collected if the provision adopted in the enactment had been the declared provision :

Provided that the rate at which refunds of any duty may be made under sub-section shall not exceed the difference between the rate of such duty proposed in the declared provision and the rate of such duty in force when the Bill introduced.

(2) Where a declared provision ceases to have the force of law under clause (b) or clause (c) of sub-section (2) of section 4, refunds shall be made of all duties collected which would not have been collected if the declaration in respect it had not been made.

  
  
  
  
 

Central Bare Acts

 State Bare Acts
  
 

 

 

 

  
  
 
  
 
 

Home | Legal Dictionary | Law Schools | Law Digest | Bare Acts | Disclaimer |  Contact Us | Useful Links

 
  
  
  
 

 

 

Copy right : Indu Info (All rights reserved)