The Provisional collection of Taxes Act,2023

THE PROVISIONAL COLLECTION OF TAXES ACT, 2023

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THE PROVISIONAL COLLECTION OF TAXES ACT, 2023 _____________ ARRANGEMENT OF SECTIONS ______________ S ECTIONS. Power of Central Government to make declaration. Effect of declarations under this Act, and duration thereof. Refunds to be made in certain cases.

THE PROVISIONAL COLLECTION OF TAXES ACT, 2023

Source page 2

Section 1 — Short title.— This Act may be called the Provisional Collection of Taxes Act, 2023. 2. Definition

Section 3 — Power of Central Government to make declaration

Section 4 — Effect of declarations under this Act, and duration thereof

Section 5 — Refunds to be made in certain cases

Section 6 — Repeal

THE PROVISIONAL COLLECTION OF TAXES ACT, 2023 ACT NO . 50 OF 2023 [28th December, 2023.] An Act to provide for the immediate effect for a limited period of provisions in Bills relating to the imposition or increase of duties of customs or excise. BE it enacted by Parliament in the Seventy-fourth Year of the Republic of India as follows:— 1. Short title.— This Act may be called the Provisional Collection of Taxes Act, 2023. Definition.—In this Act, a “declared provision” means a provision in a Bill in respect of which a declaration has been made under section 3. Repeal.— The Provisional Collection of Taxes Act, 1931(16 of 1931) is hereby repealed.