The Assam (Sales Of Petroleum and Petroleum Products, Including Motor Spirit and Lubricants) Taxation (Amendment) Act, 1967
The Srd October 1967

###### No.LJL 15/67/17.-Thefollowing Act of the Assam Legislative Assem-

bly which received the assen t of the 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 fROLEU M

###### PRODUCIS. INCLUDING MOTOR SPIRIT AND LUBRICANTS)

, TAXATION (AMENDMENT) ACT, 1967

[ Published in the Assam Gazette, Extraordinary, dated the 4th·OctobCl'

1~6 1. ]

_An_

_Act_

_further to amend the_ _Assam_ _(Sales_ _of Petroleum and_

_P etroleum_ _Prods cts, including Motor Spirit and_

_Lubricai.ts) Ta_ _xation Act, 19;.5_

I'rearnble, 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 er acted 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 (Amendmen t} Act.
1967.

(2) It shall have the like extent as the principal 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.

Amendm('nt 2. In ' secti , n 3 of the pr neil al Alr, in sub-

ofscction' sect.o.i (1)-
of Assam ' . J

Act IX of

1956. . (1) against item (i). for . the words " T hir teen

paise" the words " Fifteen paisc" shall Le
substituted•

.:",' : : .... '.. .' .. . ... (2) aga inst . item.. (Li) , for th e word. "Nine

, ,., - '. , paise ?" the words " Elevcn paisc" shall be
substituted.

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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

section 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."

Insertion of 4. After section 20 of the principal Act , the

~c tltn 20A following shall be inserted as section 20A namely:-
m ~~ ,

"!'\d . 1956.

" Interest 20A. (1) If any registered dealer does not pay in to
payable by a Government Treasury the full amount of tax due
ealer, from him under this ALt on the basis of th e return or

his account books within the prescribed date, simple
int erest at the 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 assessment, the Commis-

sioner finds that . a dealer has not maintained the
account books properly and thereby he has sup-

pressri the sale of goods in any period the Commis-

loner 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

revil i on ~' the . interest may be calculated 0 0 th e

red uced amount

. (3) If any registered dealer do es not pay into the

Government Treas ury the amount of tax within the
da ce as provided in sub-section (4 ) of section 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 amount. 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,

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