Union Duties of Excise (Distribution) Act,1979
Act No : 24
Section : SHORT TITLE AND COMMENCEMENT
UNION DUTIES OF EXCISE (DISTRIBUTION) ACT, 1979
24 of 1979
20th May, 1979
STATEMENT OF OBJECTS AND REASONS At present, a sum equivalent to twenty per cent of the annual net proceeds of Union duties of excise, excluding cesses levied under special Acts and earmarked for special purposes, is paid to the States and distributed among them in the percentages which the Sixth Financial Commission had recommended. The seventh Finance Commission has recommended that-
(i) forty per cent. Of the net proceeds of Union duties of excise, other than on generation of electricity levied and collected during each of the years 1979-80 to 1983-84, excluding cesses levied under special Acts and ear-marked for special purposes, should be paid out of the Consolidated Fund of India to the States and distributed among them in the percentages recommended by the Commission; and
(ii) during each of the years 1979-80 to 1983-84. the entire net proceeds of the union duties of excise on generation of electricity should be paid out of the Consolidated Fund of India to each State in an amount equal to the collection in or attributable to that State. This Bill is intended to give effect to item (i) of the above recommendation of the commission Item (ii) is being dealt with in another Bill. - Gaz. of Ind., 12-4-1979, Pt. II, S. 2. Ext., p. 404. An Act to provide for the payment out of the Consolidated Fund of India of sums equivalent to a part of the net proceeds of certain Union duties of excise to the States to which the law imposing the duty extends and for the distribution of those sums among those States in accordance with the principles recommended by the Finance Commission in its
2[interim report dated the 14th day of November, 1983]. BE it enacted by Parliament in the Thirtieth Year of the Republic of India as follows:-
SECTION 01: SHORT TITLE AND COMMENCEMENT
(1) This Act may be called THE UNION DUTIES OF EXCISE (DISTRIBUTION) ACT, 1979.
(2) It shall be deemed to have come into force on the 1st day of April, 1979.
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