An Act to provide for the payment out of the Consolidated Fund of India of sums equivalent to a part of the net proceeds of certain Union duties of excise to the States to which the law imposing the duty extends and for the distribution of those sums among those States in accordance with the principles recommended by the Finance Commission in its report dated the 25th day of November, 1994.

Act 24 of 1979 Enacted 20 May 1979 In force 01 Apr 1979 Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 1979

Preamble

THE UNION DUTIES OF EXCISE (DISTRIBUTION) ACT, 1979

ACT NO. 24 OF 1979

[20th May, 1979.] An Act to provide for the payment out of the Consolidated Fund of India of sums equivalent to a part of the net proceeds of certain Union duties of excise to the States to which the law imposing the duty extends and for the distribution of those sums among those States in accordance with the principles recommended by the Finance Commission in its ¹[report dated the 25th day of November, 1994].

BE it enacted by Parliament in the Thirtieth Year of the Republic of India as follows:--

What this Act covers

Summary of the Union Duties of Excise (Distribution) Act 1979

Key Details

• Act Name: The Union Duties of Excise (Distribution) Act, 1979

• Act No.: 24 of 1979

• Enactment Date: 20th May, 1979

• Commencement Date: Deemed to have come into force on 1st April, 1979

Summary of Provisions

1. Short Title and Commencement: - The Act may be called the Union Duties of Excise (Distribution) Act, 1979.

• Came into force on 1st April, 1979.

2. Definitions: - "Distributable Union duties of excise": 47.5% of the net proceeds of Union duties of excise, unless earmarked for a special purpose.

• "Net proceeds": As defined in clause (1) of article 279 of the Constitution.

3. Payment and Distribution to States: - Source: Sums equivalent to distributable Union duties of excise are paid from the Consolidated Fund of India.

4. Other Provisions: - Charging Payments: On the Consolidated Fund of India.

• Rule Making Power: For implementation.

• Repeal: Of unspecified previous provisions.

Sections

Type to filter. 6 sections.

1. 1Short title and commencement
2. 2Definition
3. 3Payment to States of sums equivalent to a part of the net proceeds of Union duties of excise and distribution of sums among them
4. 4Payment to be charged on the Consolidated Fund of India
5. 5Power to make rules
6. 6Repeal

Amending Acts

2 Acts amending this enactment, passed by Parliament of India. The text above is the consolidated text as published.

• The Union Duties of Excise (Distribution) Amendment Act, 199524 of 1995
• The Union Duties of Excise (Distribution) Amendment Act, 199024 of 1990

Related Acts

• The Finance Act, 197929 sections
• The Finance Act, 198047 sections
• The Hotel-Receipts Tax Act, 198037 sections
• The Finance Act, 197835 sections
• The Banking Companies (Acquisition and Transfer of Undertakings) Act, 198029 sections
• The Prize Chits and Money Circulation Schemes (Banning) Act, 197814 sections
• The Interest Act, 19786 sections
• The National Bank for Agriculture and Rural Development Act, 198169 sections

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Every one of the 6 sections of this Act has its own page. This page is not a substitute for legal advice.