Finance Bill, 2012-13 -Chapter VI- Miscellaneous

CHAPTER VI

MISCELLANEOUS

151. Amendment of Schedule to Act 47 of 1974: In the Oil Industry (Development) Act, 1974, in the Schedule, against Sl. No.1 relating to crude

oil, for the entry in column 3, the entry "Rupees four thousand five hundred per tonne" shall be substituted.

152 Amendment of Seventh Schedule to Act 14 of 2001:The Seventh Schedule to the Finance Act, 2001 (as substituted by the Twelfth Schedule to the Finance Act, 2005) shall be amended in the manner specified in the Ninth Schedule.

153.Amendment of Section 98 of Act 23 of 2004:In section 98 of the Finance (No. 2) Act, 2004, in the Table, with effect from the 1st day of July,

2012,Ч

(i) against Sl. No. 1, under column (3) relating to rate, for the figures and words "0.125 per cent.", the figures and words "0.1 per cent." shall be substituted;

(ii) against Sl. No. 2, under column (3) relating to rate, for the figures and words "0.125 per cent.",the figures and words "0.1 per cent." shall be substituted.

154. Amendment of Seventh Schedule to Act 18 of 2005:The Seventh Schedule to the Finance Act, 2005 shall be amended in the manner specified in

the Tenth Schedule.

155.Amendment of Act 14 of 2010:In section 73 of the Finance Act, 2010, in sub-section (2), for the word "inputs", the words "inputs or input services" shall be substituted and shall be deemed to have been substituted with effect from the 8th day of May, 2010

156.Amendment of Act 8 of 2011:In the Finance Act, 2011, with effect from the date of coming into force of that Act,ЦЦ

(i) in section 73,ЦЦ

(A) in the opening portion, for the brackets, words and letter "(hereinafter referred to as the Central Excise Tariff Act),ЦЦ

(a) the First Schedule shall",the words ", the First Schedule shall" shall be substituted and shall be deemed to have been substituted;

(B) the brackets, letter and words "(b) the Third Schedule shall be amended in the manner specified in the Twelfth Schedule" shall be inserted and shall be deemed to have been inserted under the heading "Excise" as section 70A of the aforesaid Act.

(ii) in the Twelfth Schedule, for the brackets, words, figures and letter "[See section 73(b)] In the Third Schedule to the Central Excise Tariff Act",

the following shall be substituted and shall be deemed to have been substituted, namely:ЦЦ"[See section 70A] In the Third Schedule to the Central Excise Act".