Page:Acts of the Constituent Assembly and Dominion Legislature of India 1949.pdf/26

 REGISTERED No. D -28

The Gazette of India

EXTRAORDINARY PUBLISHED BY AUTHORITY

NEW DELHI, SATURDAY, FEBRUARY 12, 1949 Separate paging is given to this Part in order that it may be filed as a separte compilation.

PART IV

Act of the Dominion legislature assented to by the Governor General

GOVERNMENT OF INDIA

MINISTRY OF LAW

New Delhi, the 12th February, 1949

The following Act of the Dominion Legislature received the assent of the Governor-General on the 11th February, 1949 and is hereby published for general information: —

Act No. I of 1949.

An Act further to amend the Indian Tariff Act, 1984.

WHEREAS it is expedient further to amend the Indian Tariff Act, 1984 (XXXII of 1934) for the purposes hereinafter appearing; It is hereby enacted as follows:—

1. Short title.—This Act may be called the Indian Tariff (Amendment) Act, 1949.

2. Definitions.—In this Act, unless there is anything repugnant to the subject or context,—

(a) "General Agreement" means the General Agreement on Tariffs and Trade, the Protocol for the provisional application of which was signed on behalf of India on the 8th day of June, 1948;

(b) "Item" means an Item in the First Schedule to the Tariff Act;

(c) "notification" means a notification in the official Gazette;

(d) "Schedule" means a Schedule to this Act;

(e) "Tariff Act" means the Indian Tariff Act, 1934 (XXXII of 1984).

3. Amendments to Act XXXII of 1934.—The Items in Schedule A shall be amended in the manner directed therein.

4. Duration of certain amendments.—The amendments made by section 3, except in so far as they relate to the Items or portions of the Items specified in Schedule B, shall remain in force until the 31st day of March 1951:

Provided that in case the General Agreement ceases to apply to India, the Central Government may, by notification, modify any such amendment not relating to any Item or portion of an Item in Schedule B, in any manner it thinks fit, but such modification shall not result in the imposition of a duty higher than what would have been leviable under the Tariff Act, if this Act had not come into force.

Explanation.—Nothing contained in this section shall be deemed to limit in any way the duration of the amendments relating to the Items, or portions of the Items, specified in Schedule B.

5. Duty not to be levied or increased in certain cases.—It is hereby declared that, until the 81st day of March, 1951,

(a) no duty shall be levied on the articles to which the first five Items in Schedule C relate, and

(b) the duty levied on the articles to which the sixth Item in that Schedule relates shall not be increased above 3 per cent, ad valorem: