Chapter II AIndicating amount of duty in the price of goods, etc., for purpose of refund and crediting certain amounts to the fund (From Section 12A to Section 12D )
Restriction on possession of excisable goods: limits holding to prescribed maxima and permits only rule-authorised possession. From a government specified date no person may possess goods listed as excisable in excess of a prescribed maximum quantity at any one time, except as ... Summary
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Restriction on possession of excisable goods: limits holding to prescribed maxima and permits only rule-authorised possession.
From a government specified date no person may possess goods listed as excisable in excess of a prescribed maximum quantity at any one time, except as permitted by rules made under the Act; the provision empowers notification of the effective date and requires rules to specify maxima and exceptions.
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