 the central excises and salt (second amendment) bill, 1956(as introduced in lok sabha)  ment) bill, 1956 (as introduced in lolt sabra) a blllfurther to amend the central excises and salt act, 1944 be it enacted by parliament in the seventh year of the republic of india as followa:-1 this act may be called the central excises and salt (second short tide amendment) act, 1956 s 2 after section 3 of the central excises and salt act, 1944, the inserti~ of following section shall be inserted: -~r- sectlod 10 "3a (1) where, in respect of any excisable goods, the emergency central government is satisfied that the duty of excise leviable ~owerr~ thereon should be increased and that circumstances exist which ve:ent ro render it necessary that immediate action should be taken, the ~ease f central government may, by notification in the official ~: () gazette, direct an amendment of the first schedule to be made so as to provide for an increase in the duty of excise leviable: provided that such increase shall not exceed fifty per cent of the duty of excise leviable on the goods immediately before the issue of the notification (2) every such notification shall be laid before parliament, if it is sitting, as soon as may be after the issue of the notification, and if it is not sitting, within seven days of its reassembly, 20 and the central government shall seek the approval of parliament to the notification by a resolution moved within a period of fifteen days beginning with the day on which the notification is so laid before it; and, if parliament makes any modification in the notification or directs that the notification s should cease to have effect, the notification shall thereafter have effect only in such modified form or be of no effect, as the case may be, but without prejudice to the validity of anything previously done thereunder 32 of 19340 (3) where, under any notification issued under this section 10 the duty of excise leviable on any excisable goods is increased, for so long as the notification is in force there shall be levied and collected in respect of any like goods when imported into india as an addition to and in the same manner as the duty of customs leviable thereon under the first schedule to the is indian tariff act, 1934, an amount which is equivalent to the additional duty of excise leviable in pursuance of any such notification (4) for the removal of doubts it is hereby declared that any notification approved by parliament, whether with or without modifications, may be rescinded by the central 20 government at any time by notification in the official gazette" (5) this section shall cease to have effect on the thirty-first day of december, 1957, but such cesser shall not affect the continuance of any notification approved by parliament and in 25 operation at the time of such cesser  statement of objects and reasonsin the present price situation, it may be necessary both for encouraging exports and for mopping off excessive profits to make quick changes in excise duties the object of the bill is to give powers to government to raise, by notification, existing exci~e duties subject to a maximum of 50 per cent of the existing rates where excise duties are so raised, the import duties will also be increased correspondingly the· notifications so issued will be placed before parliament for subsequent approval t t krishnamachari new delhi; the 12th december, 1956  a billfurther to amend the central excises and salt act, 1944 the president has, in pursuance of clause (i) of article i i 7 and clause (i) of article 274 of the constitution of india, recommended to lok sabha, the introduction of the bill m n kaul, secretary (shri tt krishnamachari, minister of finance) 