5. of the = principal enactment,
கருத்துகள் மற்றும் உதவிஅதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள அல்லது தமிழ் உரையிலிருந்து வேறுபடும் இடங்களில் எந்த உரை மேலோங்கும் என்பதைச் சட்டமே குறிப்பிடுகிறது.
Section 5 of the principal enactment is hereby amended as follows :—
:
by the repeal of paragraphs (a) and (b) of sub-section (1) of that section and the substitution therefor of the following paragraphs
:—
“(a) in any case where such excisable article has been produced or manufactured in Sri Lanka, be paid by the producer or manufacturer of that excisable article, in the prescribed man-ner, after its removal from the factory or other place in which such excisable article was produced or manufactured and such duty shall be paid within one calendar month from the last date of each quarter in the year in which such removal takes place; or
'
in any case where such excisable article was imported into Sri Lanka, be paid by the im-porter of such excisable article in the pre-scribed manner after its removal from the
Customs warehouse or other place at which such excisable article was stored im-mediately after its importation into Sri
Lanka and such duty shall be paid within one calendar month from the last date of each quarter in the year in which such im-port takes place. ”.
by the repeal of subsection (2) of that section, and the substitution of the following subsections therefor :—
“ (2) Notwithstanding anything in this Act, every person who imports any excisable article manufactured outside Sri Lanka (not being an, exempted article within the meaning of sections 4 3A and 38) shall pay to the Director-General of
Customs, excise duty in part in respect of his import on the cost, insurance and freight value of such article determined under the Customs Ordi-k nance, prior to its removal from the: customs
‘warehouse or such other place at which such excisable article is stored, at the. rates of excise duty determined ‘under section 3. The difference in excise duty due on such article after its removal from the customs warehouse or: such ethan wilann weele km 24 20. ' Lk.
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Act, No. foal of 1900
,
' the manner set out in section 5 (1) (6) and the total excise duty paid on such article shall be in accordance with the value ascertained under section 7.
Where the excise duty payable on any excisable article is not paid in accordance with the provi-sions of subsection (1), such excise duty shalt be deemed to be in default ;
Provided that, an excisable article which has been produced or manufactured in Sri Lanka for the purpose of export, shall not be liable for the payment of excise duty if a bond is executed
| for the landing of such excisable article at the port of destination. ”.
. 6 The following new section is hereby — inserted Insertion immediately after section 5 of the principal enactment and section 5a shall have effect as section 5a of that enactment :—
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enactment,
“Power of
5A. Where any person who carries on the recto business of a manufacturer, producer or estimate importer of any excisable article sells such sale price |
excisable article for the purpose of distri-articles in
bution at a price which, in the view of the
Director-General, reduces or would reduce the excise duty payable by him, then, for the purposes of this Act, such excisable article shall be deemed to have been sold at a price, which in the opinion of the
Director-General, it would have fetched in the open market on the date of such sale and the excise duty leviable from such person shall be computed accordingly. ”.
circumstances