Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Finance Bill 2010 introduces Clean Energy Cess on coal, lignite, peat for funding clean energy projects in India.</h1> Clause 82 of the Finance Bill, 2010, establishes the Clean Energy Cess, an excise duty on coal, lignite, and peat produced in India, to finance clean energy initiatives and related research. The cess applies nationwide and will be implemented upon notification by the Central Government. Proceeds are credited to the Consolidated Fund of India and utilized as appropriated by Parliament. This cess is additional to other duties and is intended solely for Union purposes, with rules prescribed for its assessment and collection. Relevant provisions of the Central Excise Act, 1944, may apply to this cess with necessary modifications.