Amendment status not verified — confirm the current text below against the official source.
(1) With effect from such date1 as the Central Government may, by notification in the Official Gazette, appoint in this behalf, there shall be levied and collected, as a cess for the purposes of this Act, on all mica, in whatever state, exported from [the territories to which this Act extends] a duty of customs at such rate, not exceeding six and one-quarter per centum ad valorem, as may from time to time be fixed by the Central Government by notification in the Official Gazatte: Provided that until the 1st day of April, 1947, the rate of duty so fixed shall not exceed two and one-half per centum ad valorem. (2) On the last day of each month or as soon thereafter as may be convenient, there shall be paid to the credit of fund to be called the Mica Mines Labour Welfare Fund (hereinafter referred to as Fund) the proceeds of the duty of customs recovered during that month after deduction of the expenses, if any, for collection and recovery. 1st April, 1947. Subs. by Act 3 of 1951, sec. 3 and Sch., for "Part A States and Part C States" (w.e.f. 01/04/1951).