The Srd October 1967 No.LJL 15/67/17.-Thefollowing Act of the Assam Legislative Assem bly which received the assen t of th e President is hereby published for general information.
ASSAM ACT XV OF 1967 (Received the assent of the President .0 8 the 2nd October 1967) TH~ ASSAM (SALES OF PETROLEUM AND PE fROLEUM PRODUCIS. INCLUDING MOTOR SPIRIT AND LUBRICANTS) , TAXATION (AMENDMENT) ACT, 1967 [ Published in the Assam Gazette, Extraordinary, da te d the 4th·OctobCl' 1~6 1. ] An Act further to amend the Assam (Sales of P etroleum and P etroleum Prods cts, including Motor Spirit and Lubricai.ts) Taxation Act, 19;.5 I'rea rnble, Wher~as it is expedent further to am end the Assam (Sales of Petroleum ard Petroleum Products, inc.uding Motor Spi-lt and Lubricants) Taxation Act. 19;;5. AII&JD Act hereinafter calh d the principal Act, in the .n anner IX of 1956.
hereinafter appearing ;
It is he :e')y eracted Li rl.e Eighteei.th YC-l.r of the:
. Republic of India a~ fol1o.... s:- Short title. 1. (1) This Act rn r y be called the Assam (Sales 01 extent and Petroleum and Petrc le .:rr, Products. including Motor ::~enee- opirit and Lubricants] Taxation (Ame ndm en t} Act.
1967.
(2) It shall ha ve the like extent as the pr incipal Act.
(3) It shall ceme into force on such date as the State GO\ ernmen t may. by no tification in.the official Gazette, .appoint.
(1) against it em (i). for . the words " T hir teen paise" the words " Fifteen paisc" shall Le substituted• Amendm('nt 2. In ' secti , n 3 of the ofscction' sect .o.i (1)- of Assam ' . J Act IX of
1956. .
pr neil al Alr, in sub- . :" ,' : : .... '.. .' . .
-- . ... (2) aga inst . item. . (Li) , for th e word. "Nine , , ., - '. , paise?" the words " Elevcn paisc" shall be substituted.
~----------~ " Interest payable by ealer, - ..
2 ~eudmeJ1t . 3. In section 11 of the principal Act, for sub ~.:o~:e.~;'~~ section (1), the "fullowing' shall be substituted, a\ct, IX of namely:- 19~.
"(I) At the close ot the quarter or at the closure of the business during that quarter, if the COmmis - sioner is satisfied that the returns lurnished under sect ion 10 in respect of tbat quarter are correct and -' complete. he shall, by a n order in writing, assess the ,.. dealer and determine the tax payable by him on the ./ basis ofsuch returns."
Inser tion of 4. After section 20 of the principal Act , the ~ctltn 20A following shall be inserted as section 20A namely:- m ~~ , "!'\d . 1956.
20A. (1) If a ny registered dea ler do es not pay in to a Government Treasury the full amount of tax due from him under this ALt on the basis of th e return or his account books within the prescribed date, simple int erest at th e rate ofsix per cent per annum from the . . first day .of .the month next following the said date J shall be payable by the dealer upon the amount by which the tax so paid falls shoi t of the arr ount of tax payable as per his return or account books. If such amoun t of tax and interest are not paid within thirty days from the date from which the interest is due, simple interest upto a maximum of twenty-four per cent per annum shall be payable as may be prescribed,
(2) Where on mailing the assessme nt, the Commis sioner finds that . a dealer has no t mainta ined the account books properly and thereby he has sup pressri the sale of goods in any period the Commisloner may direct him to pay interest as prescribed in sub-section (1). If the amount of tax payable .urider the ,' Act has been reduced in appeal or revilion~' the . interest may be calculated 0 0 th e red uced amount . (3) If any registered dealer do es not pa y into the Government T reas ury the amount of tax with in the da ce as provided in sub-section (4 ) of secti on 20 or any instalment of the tax within . the extended date . - as 'per' proviso thereto, interest at provided in sub -". .
ection ( 1) shall be payable from the first day of " _ .the month next followin g thesaiddate by the dealer ·· · · , l,i~o .th e a mount. by .which the t ax, ·if any, paid . ' . 'filII, short of the' amount .of'tax 'payable under the .",ct." . . , B. SAR~IA, ~ecy~to the Govt. of Assam, Law Depn, -- ------------------