Amendment status not verified — confirm the current text below against the official source.
in the sale of alcohol and collection of duty thereon, it is proposed to provide for the levy and collection of excise duty on medicinal and toilet preparations iii terms of metric units. At present toilet preparations that are considered capable of being consumed as ordinary alcoholic beverages, are subject to a duty at the rate of Rs. 17/8/- and others at the rate of Rs. 5 per gallon of the strength of London proof spirit. Since toilet preparations are in the nature of luxury articles and there is no foreign competition-imports being banned or severely restricted- it is proposed to fix a uniform rate of duty of about Rs. 32 per gallon of the strength of London proof spirit. which comes to Rs. 7 per litre in terms of metric units, irrespective of whether the preparations are capable of being consumed as ordinary alcoholic beverages or not. Under existing item 2 (ii) of the schedule to the Act. Ayurvedic preparations containing self-generated alcohol which are capable of being consumed as ordinary alcoholic beverages are subject to duty at the rate of Rs. 3 per gallon. However, by virtue of the provision contained in Sec. 19