https://www.taxtmi.com/acts?id=24897 Emergency power authorises the Central Government to amend the Fourth Schedule by notification to increase excise duty on specified goods where immediate action is necessary, substituting nil rates with rates not exceeding fifty percent ad valorem or otherwise doubling existing rates, with "form or method" covering valuation and other measures; such notifications must be laid before Parliament and are subject to parliamentary approval, modification, annulment, and may be rescinded by the Government. en-us Mon, 08 May 2017 18:38:10 +0530 Thu, 13 Jul 2017 15:28:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24897 Emergency power authorises the Central Government to amend the Fourth Schedule by notification to increase excise duty on specified goods where immediate action is necessary, substituting nil rates with rates not exceeding fifty percent ad valorem or otherwise doubling existing rates, with "form or method" covering valuation and other measures; such notifications must be laid before Parliament and are subject to parliamentary approval, modification, annulment, and may be rescinded by the Government. Act-Rules Central Excise Mon, 08 May 2017 18:38:10 +0530 https://www.taxtmi.com/acts?id=24897