https://www.taxtmi.com/acts?id=45991 Section 42 empowers the Central Government to levy a regulatory duty of excise on goods in the First Schedule by notification to regulate consumption, subject to a statutory ceiling; such duties are additional to other excise duties and accrue to the Union. The levy may specify different dates and rates for different goods, is governed as far as practicable by the Central Excises Act provisions (including refunds and exemptions), contains a temporal cessation with savings for prior acts, and requires that notifications be laid before each House of Parliament. en-us Tue, 10 Dec 2024 15:02:58 +0530 Tue, 10 Dec 2024 15:02:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45991 Section 42 empowers the Central Government to levy a regulatory duty of excise on goods in the First Schedule by notification to regulate consumption, subject to a statutory ceiling; such duties are additional to other excise duties and accrue to the Union. The levy may specify different dates and rates for different goods, is governed as far as practicable by the Central Excises Act provisions (including refunds and exemptions), contains a temporal cessation with savings for prior acts, and requires that notifications be laid before each House of Parliament. Act-Rules F. Acts / Amendment Acts Tue, 10 Dec 2024 15:02:58 +0530 https://www.taxtmi.com/acts?id=45991