Discontinuance of salt duty suspends excise and tariff levies on manufactured or imported salt for a specified year. Under the Finance Act, 1974, Section 24 provides that for the year beginning on the 1st day of April, 1974, no duty under the Central Excises Act or the ... Summary
Discontinuance of salt duty suspends excise and tariff levies on manufactured or imported salt for a specified year.
Under the Finance Act, 1974, Section 24 provides that for the year beginning on the 1st day of April, 1974, no duty under the Central Excises Act or the Tariff Act shall be levied in respect of salt manufactured in, or imported into, India.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.