Subject NOT available

click here for IIIF manifest

REGISTERED No. D. 211

The Gazette of India

EXTRAORDINARY

PART II—Section

PUBLISHED BY AUTHORITY

No. 58] NEW DELHI, MONDAY, November, 14, 1966/ Kartika 23, 1888

Separate paging is given to this Part in order that it may be field as

a separate compilation.

The following Bill was introduced in Lok Sabha on the! 14th November, 1966:—

Bill No. 76 OF 1966

A Bill to amend the Produce Cess Act, 1966.

BE ft enacted by Parliament In the Seventeenth Year of the Republic of India as follows: —

Short title.

1. This Act may be called the Produce Cess (Amendment) Act, 1966.

15 Of 1966.

Amendment of section 2.

5 2. In section 2 of the Produce Cess Act, 1966 (hereinafter referred to as the principal Act), for clause (c), the following clause shall be, and shall be deemed always to have been, substituted, namely: —

' (c) "customs airport", "customs port" and "customs station" have the meanings respectively assigned to them in the Customs 52 of 1962. 10 Act, 1962;'.

Amendments

of section 3,

3. In section 3 of the principal Act, in sub-section (1), for the words "customs port to any port", the words "customs station to any place" shall be, and shall be deemed always to have been, substi- tuted.

4. In section 11 of the principal Act,—

Amendment

of section

II.

(a) in sub-section (1),—

(i) after the words "by sea", the words "or air", and

(ii) after the words "customs port", the words "or customs airport",

5

shall be, and shall be deemed always to have been, inserted;

(b) In sub-sections (2) and (3), for the words "by land", wherever they occur, the words "by land or inland water" shall be, and shall be deemed always to have been, substituted.

5. In section 20 of the principal Act, in sub-section (2), in io Amendment of section 20.]

clause (e), for the words "by land", the words "by land or inland water" shall be, and shall be deemed always to have been, substitut- ed.

Amendment

of First

Schedule.

6. (i) In the First Schedule to the principal Act, after serial number 2 and the entries relating thereto in columns 2, 3 and 4, the 15 following serial number and entries relating thereto shall be inser- ted under the respective columns, namely:—

"3 Cashew ij per cent, of the tariff I per cent, of the tariff value.",

kernel. value.

(2) To the First Schedule to the principal Act, the following 20 Explanation, shall be added, namely: —

'Explanation.—In this Schedule, the expression "tariff value" has the meaning assigned to It in the Customs Act, 1962' 52 of 1962.

STATEMENT OF OBJECTS AND REASONS

Cashew kernels of which India supplies about 90 per cent, 01 the world demand, are a valuable source of foreign exchange earnings for the country with large potentialities for further expansion. The cashew industry in India, however, is dependent primarily upon imported rawnuts from the East-African countries, the internal sup- plies meeting only about onei-third of the total demand. It is accordingly proposed to undertake intensive research and develop- mental programmes during the Fourth Plan to Increase the produc- tion of indigenous rawnuts and reduce dependence upon supplies from abroad.

2. The Bill, therefore, seeks to include cashew kernels also in the First Schedule to the Produce Cess Act, 1966, for purposes of levy of a cess in the nature of a duty of customs on cashew kernels exported from India, so as to raise the necessary finances needed for intensive research and developmental programme. This will provide a steady source of finance on a continued basis for promoting agri- cultural and technological research as well as improvement and development of the methods of cultivation, manufacturing and marketing of cashew.

3. The cess imposed by this Act will be levied on the tariff value of the produce, determined under section 14(2) of the Customs Act, 1962.

4. The Bill also seeks to make certain verbal amendments in sec- tions 2, 3, 11 and 20 of the Produce Cess Act, 1966, with a¹ view to empowering the levy of cess on produce exported by air or inland water.

C. SUBRAMANIAM.

NEW DELHI; The 3rd November, 1966.

PRESIDENT'S RECOMMENDATION UNDER ARTICLE 117 OF THE CONSTITUTION OF INDIA

rCopy of letter No. 4(l)/66 Com. I/MFA, dated the 5th November, 1966 from Shri C. Subramaniam, Minister of Food, Agriculture, Com- munity Development and Co-operation to the Secretary, Lok Sabha].

FINANCIAL MEMORANDUM

The Bill provides for the levy of a cess in the nature of a duty of customs in respect of cashew kernels which is to be added to the First Schedule to the Produce Cess Act, 1966. The collections made through the existing collecting agencies are to be credited to the Consolidated Fund of India. In pursuance of the provision of section 5 of the Produce Cess Act( 1966, grants-in-aid, after due appropriation, will be given to the Indian Council of Agricultural Research for conduct of research and the Department of Agriculture will finance specific development projects relating to cashew. The organisation by which the development schemes will be executed in the Department of Agriculture will be the Regional Office, Cashew- nut Development, constituted with effect from the 1st April, 1966, for which suitable budget provisions has been included in the ad hoc provision of Rs. 10 lakhs provided in the budget estimates for 1966- 67. The revenue from the cess, on the basis of the present level of production and export, is estimated to be of the order of Rs. 27 lakhs per annum. The recurring expenditure on the various measures of development and research on cashew is estimated to be of the order of about Rs. 30 lakhs per annum. Tn addition, non-recurring expen- diture is estimated to be of the order of Rs. 20 lakha.

S. L. SHAKDHER,

Secretary.

PRINTED IN INDIA BY THE GENERAL MANAGER, GOVERNMENT O*1 INDIA PRESS,

MINTO ROAD, NEW DELHI AND PUBLISHED BY THE MANAGER Of PUBLICATIONS,

DELHI, 1&68.