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Regulatory duty of excise

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Full Text of the Document

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....t as amended by this Act or any subsequent Act of Parliament, a regulatory duty of excise which shall be fifteen per cent. of the value of the goods as determined in accordance with the provisions of section 4 of the Central Excises Act: Provided that different dates may be specified by the Central Government for different kinds of goods. (2) Sub-section (1) shall cease to have effect after ....

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