Amendment status not verified — confirm the current text below against the official source.
The Finance Act. 1964 (5 of 1964). (xi ) viii MEDICINAL AND TOILET PREPARATIONS (EXCISE DUTIES) ACT, 1955 Page Rule FORM L-3 Licence for Ayurvedic or Unani practitioner to manufacture Ayurvedic or Unani preparations containing self generated alcohol for dis 91 pensing and not for trade purposes FORM L-4 "' 92 Licence for a bonded warehouse FORM B-1 Bond to be entered into by the licensee of a bonded manufactory. 93 FORM B-2 (SUR.) Bond (with Surety) to be entered into by the licensee of a 94 private bonded warehouse FORM B-2 (SEC.) Bond (with Security) to be entered Into by the licensee of a private 95 bonded warehouse FORM B-3 (SUR) Bond (with Surety) for the due despatch of dutiable goods removed 96 for export to a foreign country without payment of duty ... FORM B-3 (SEC.) Bond (with Security) for the due despatch of dutiable goods removed 97 for export to a foreign country without payment of duty . . FORM B-3 (GEN. SUR.) General Bond (with Surety) for the due despatch of dutiable goods removed from time to time for export to a foreign country 9 without payment of duty FORM B-3 (GEN. SEC.) General Bond (with Security) for due despatch of dutiable goods removed from time to time for export to a foreign country 00 without payment of duty FORM B-4 (SEC.) Bond (with Surety) for the due arrival and rewarehousing of dutiable goods removed from one bonded warehouse to another ... 01 FORM B-4 (SEC.) Bond (with Security) for the due arrival and rewarehousing of dutiable goods removed from one bonded warehouse to another ... 102 FORM 13-4 (GEN. SEC.) General bond (with surety/ies) for the arrival and rewarehousing of other t 103 o an dutiable goods removed from one bonded warehouse FORM B-4 (GEN. SEC.) General Bond (with Security) for the due arrival and rewarehousing of dutiable goods removed from one bonded warehousing to 104 another FORM R. G.-1 Register of vessels or receptacles Bonded/Non-bonded Manufactory 1OE FORM R. G.-2 Register of transaction in the spirit store of bonded/non-bonded 10" manufactory FORM R. G.-3 108 Register of operations in the bonded/non-bonded manufactory ... FORM R. G.-4 Register of preparations in the bonded/non-bonded 109 manufactory of Shri Sarvashri THE MEDICINAL AND TOILET PREPARATIONS (EXCISE DUTIES) ACT, 1955 (Act No. 16 of 1955)1 127th April, 19551 An Act to provide for the levy and collections of duties c f c:rci e on medicinal and toilet preparations containin alcohol, opium, Indian hemp or other narcotic drug or narcotic STATEMENT OF OBJECTS AND REASONS OF ACT; 16 OF 1955 By virtue of entry 40 in List If in the Seventh Schedule to the Government. of India Act, 1935, medicinal and toilet preparations contain- ing alcohol, etc., were subjected to Provincial excise duties. Each Provincial Government fixed its own rates of duty and followed its own procedure to regulate the imports from arid exports to other Prin. ir;""es of such prepara- tions so that the industry manufacturing these preparations had to contend with severdl.handicaps imposed by such diversities in rates and procedure. In order to secure (uniformity the entry relating to excise duty on medicinal and toilet preparations containing alcohol, etc., were transferred under the Constitution from the State list to the Union List.