Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Union Duties of Excise (Distribution) Act,1979

Act No : 24


Section : PAYMENT TO STATES OF SUMS EQUIVALENT TO A PART OF THE NET PROCEEDS OF UNION DUTIES OF EXERCISE AND DISTRIBUTION OF SUMS AMONG THEM

SECTION 03: PAYMENT TO STATES OF SUMS EQUIVALENT TO A PART OF THE NET PROCEEDS OF UNION DUTIES OF EXERCISE AND DISTRIBUTION OF SUMS AMONG THEM

4[During the financial year commencing on the 1st day of April, 1995, and each of the four succeeding financial years, there
shall be paid, out of the Consolidated Fund of India, to the States, sums equivalent to the distributable Union duties of excise levied and collected in that year and,-

(a) sixteen-nineteenth of the sums so payable during each such financial year shall be distributed to each of the States specified in column (1) of Table I below in such percentage as is set out against it in column (2) thereof; and

(b) three-nineteenth of the sums so payable during each such financial year shall be distributed to each of the States specified in column (1) of Table II below in such percentage as is set out against it in column (2) thereof with respect to that financial year :-____________________________________________________________________________ TABLE I ____________________________________________________________________________ State Percentage ____________________________________________________________________________ (1) (2) ____________________________________________________________________________ Andhra Pradesh 8.465 Arunachal Pradesh 0.170 Assam 2.784 Bihar 12.861 Goa 0.180 Caijarat 4.046 Haryana 1.238 Himachal Pradesh 0.704 Jammu and Kashmir 1.097 Karnataka 5.339 Kerala 3.875 Madhya Pradesh 8.290 Maharashtra 6.126 Manipur 0.282 Meghalaya 0.283 Mizoram 0.149 Nagaland 0.181 Orissa 4.495 Punjab 1.461 Rajasthan 5.551 Sikkiln 0.126 Tamil Nadu 6.637 Tripura 0.378 Uttar Pradesh 17.811 West Benpal 7.471 ____________________________________________________________________________ TABLE II ____________________________________________________________________________ State Financial year and percentage ____________________________________________________________________________ (1) (2) ____________________________________________________________________________ 1995-96 1996-97 1997-98 1998-99 1999-2000 ____________________________________________________________________________ Andhra Pradesh 12.069 7.988 0.000 0.000 0.000 Arunachal Pradesh 3.410 4.300 5.871 6.224 6.667 Assam 8.543 9.836 11.849 10.748 9.290 Bihar 6.434 2.965 0.000 0.000 0.000 Goa 0.973 1.058 1.161 0.917 0.604 Himachal Pradesh 8.816 10.744 14.057 14.230 14.338 Jammu and Kashmir 13.366 16.491 21.985 22.741 23.700 Manipur 3.930 4.891 6.602 6.917 7.348 Meghalaya 3.590 4.403 5.815 5.994 6.130 Mizoram 3.676 4.628 6.278 6.784 7.074 Nagaland 5.818 7.417 10.247 11.072 12.025 Orissa 4.815 5.248 4.934 2.773 0.680 Rajasthan 0.835 0.000 0.000 0.000 0.000 Sikkim 1.199 1.473 1.938 1.982 2.055 Tripura 5.465 6.807 9.263 9.618 10.089 Uttar Pradesh 17.061 11.751 0.000 0.000 0.000.". ____________________________________________________________________________]



Read All Comments

Comments