 8w h •• " ", 1," the mineral oils (adoitional duties of excise and customs) amendment bill, 1964 a bnl further to amend the mineral oill (additional dutie of e%ciie and custom!) act, 1958be it enacted by parliament in the fifteenth year of the republic of india as follows:-\ 1 this act may be called the mineral oils (additional duties of short title excise and customs) amendment act, 1964 s 2 in the mineral oils (additional duties of excise and customs) amendment 27 of 19s8• act, 1958 (hereinafter referred to as the principal act), in the long of1ong title title, for the words "certain mineral oils", the words "certain mineral products" shall be substituted 3 in section 1 of the principal act, in sub-section (1), for the amendment 10 words "mineral oils", the words "mineral products" shall be ofsection i substituted 4 in section 3 of the principal act, in sub-section (1), for the amendment table, the following table shall be substituted, namely: _ of bectiotl 3· is rate of additional duty 2 description of goods i i motor spirit  one hundred and sixty-five rupees per kiiolitre at fifteen degrees of centigrade thermometer 2 kerosene 20 eighty rupees per kilolitre at fifteen degrees of centigrade thermometer 3 refined diesel oils and one hundred rupees per kilolitre at fifteen vaporizing oil degrees of centigrad~ thermometer  diesel oil, not otherwise sixty rupees per metric tonne specified 25 5 furnace oil  sixty rupees per metric tonne | rate                                     | of                     | additional duty    ||------------------------------------------|------------------------|--------------------|| 2                                        |                        |                    ||                                        | '                      | '!                 || description                              | of                     | goods              || i                                        |                        |                    || fifty rupeoi per metric tonne           |                        |                    || 6                                       | hphe1t                 |  and              || bitumen                                  |                        |                    || as                                       |                        |                    || described                                |                        |                    || in                                       |                        |                    || itein"no                                |                        |                    || 11(1)                                    |                        |                    || of                                       | the first schedule to |                    || -                                        | the                    |                    || central excises                          |                        |                    || and                                      |                        |                    || salt act,                                |                        |                    || 1944                                    |                        |                    || s                                        |                        |                    || i                                        |                        |                    || of                                       |                        |                    || 1944-                                    |                        |                    || three hundred rupees per metric tonne" |                        |                    || 10                                       |                        |                    || 1                                        |                        |                    || of                                       |                        |                    || 1944                                    |                        |                    || 7                                       | all products           | as                 || in item no                              |                        |                    || i                                        |                        |                    || ta                                       | of                     | the                || first                                    | schedule               |                    || to                                       | the                    |                    ||  central                                |                        |                    || excises                                  |                        |                    || and salt                                 |                        |                    || act, 1944                               |                        |                    |amendment 5 in section 5 of the principal act, in clau&e (b), the words and of section s figure "under section 4 or" shall be omitted declaration under the provisional collection of taxes act, 1931 it is hereby declared that it is expedient in the public -interest is that the provisiqjls of clause 4 of this bill shall have immediate effect under the provisional collection of taxes act, 1931 16 of 1931  statement of objects and reasonsthe mine~l oils (addi~ionalduties ~f'exci~e'and customs) act, 1958 was enacted for tile' purpose of levying ~nd collecting additional duties af excise and customs on certain mineral oils the purpose underlying that ,enactment was to readjust, with effect from the 20th may, 1958, the excise and customs duties in the light of the reduction in prices agceed to by the principal companies distributing mineral oil products in india the aforesaid act provides for ceiling rates within which effective rat~s are fixed by notification since the introduction ?f the revised pricing structure from the 1st october, 1961 and up to the 30th september, 1964, a sum of nearly rupees five crares has accrued in favour of government due to reduction of fob cost of petroleum products and freight thereon it is expected that further accumulations of like nature will also accrue to government the existmg cetling rates will not enable a quick recovery of these amounts from the distributing companies the bi il seeks to enhance the existing ceiling rates adequately in respect of the mineral oil products already covered by the act; at the san,e time, provision is also being made for levy of additional duties on certain other petroleum products such as asphalt and bitumen this is being done with a view to enable appropriation from the companies or over-recoveries on these products, if found necessary in'the future new delhi; t t krishnamachari the 12th november, 1964  president's recommendation under article 117 of the constitution of india[copy, of letter dated the 14th november, 1964 from shri t t krishnamachari, minister of finance to the secretary, lok sabha] the president having been informed of the subject matter, of the bill further to amend the mineral oils (additional duties of excise and customs) act, 1958 has recommended under article 117 (1) of the constitution the introduction of the bill in the lok sabha short tide a1d commedcclderlt lety add collection of additional duties of escilc on certain mineral oils (27 or 1968) an act to provide for the levy and collection of additional duties of excise and customs on certain mineral oils  - - - - - 1 (1) this act may be called the mineral oila (additional duties of excise and customs) act, 1958 - - 3 (1) there shall be levied and collected in respect of the goods mentioned in column 1 of the table hereunder duties of excise at such rates not exceeding those specified in relation thereto in column 2 of the said table as may be specified by the central government by notification in the official gazette,-| description                  ||------------------------------|| i                           || motor spirit                || 2                           || kerosene                     ||                             || 3 refined diesel oils and   || vaporizing oil              || 4 diesel oil, not otherwise || specified                   || s                           || furnace oil                  |- additional duties of esciie i1ld cuitomi not to bc added to price of aoods for iale fifty-six rupees and five naye paise per kilolitre at fifteen degrees of centigrade thermometer twenty-six rupees and eighty naye paise per kilolitre at fifteen degrees of centigrade thermometer  thirty-three rupees and fifty-five naye paise per kilolitre at fifteen degrees of centigrade thermometer nineteen rupees and seventy naye paise per metric tonne nineteen rupees and seventy naye paise per metric tonne - - - 5 notwithstanding anything contained in section 64a of the indian sale of goods act, 1930, or in any other law for the time 3 of 1930 being in force, or in any contract or agreement, no purchaser purchasing any ot the goods referred to in section 3, shall be liable to payor be sued for, or in respect of,-- - - - - (b) the whole or any part of the additional duties of customs leviable under section 4 or under the indian tariff act, 1934, to, of i9u the extent to which such duties have become leviable by reason of this act, as an addition to the contract price payable by him in respect of the goods so purchased' - - - - - gmglpnd-t s wing-74 m of law (318i)-i4-ii-l964-2200   a bill further to amend the ,mineral oils (additional duties of excise and customs) act, 1958(shri t t krishnamachari minister of finance) 