Section 3ARegulatory duty of Excise

s. 3A

3A. Regulatory duty of Excise [(1) The Government may, by notification in the official Gazette, levy, subject to such conditions, limitations and restrictions as it may deem fit to impose, a regulatory duty- (a) on any excisable goods or excisable services, in addition to the duty leviable under section 3, at a rate not exceeding [100] per cent of the rate of duty leviable thereon under the said section, or, in the case of excisable goods, at a rate not exceeding [30] per cent ad valorem or [25] per cent of the retail price and, in the case of excisable services, [25] per cent of the charges for such services; and (b) on any other goods or services, at a rate, in the case of goods, not exceeding [50] per cent ad valorem or [35] per cent. of the retail price and, in the case of services, not exceeding [35] per cent of the charges for the services] [: Provided that, if the assessed amount has a fraction of less than five poisha, the assessment shall be rounded off to the next higher five poisha.] (2) Any notification issued under sub section (1) shall, if not earlier rescinded, stand rescinded on the expiry of the financial year during which it was issued.]

1. 22. Section 3A was added by section 4 of the Finance Act , 1964 (Act No. V of 1964)and sub-section (1) was ubstituted by section 3 of the Finance Ordinance, 1970(Ordinance No. XI of 1970)
2. 29. The figure “35” was substituted for the figure “20” by section 4 of the Finance Ordinance, 1976 (Ordinance No. XLV of 1976)
3. 30. The colon (:) was substituted for the full stop (.) at the end of sub-section (1) and thereafter the proviso was inserted by section 3 of the Finance Ordinance, 1985 (Ordinance No. XXXII of 1985)
4. 23. The figure “100” was substituted for the figure “40” by section 4 of the Finance Ordinance, 1976 (Ordinance No. XLV of 1976)
5. 24. The figure “30” was substituted for the figure “10” by section 4 of the Finance Ordinance, 1976 (Ordinance No. XLV of 1976)
6. 25. The figure “25” was substituted for the figure “10” by section 4 of the Finance Ordinance, 1976 (Ordinance No. XLV of 1976)
7. 26. The figure “25” was substituted for the figure “10” by section 4 of the Finance Ordinance, 1976 (Ordinance No. XLV of 1976)
8. 27. The figure “50” was substituted for the figure “20” by section 4 of the Finance Ordinance, 1976 (Ordinance No. XLV of 1976)
9. 28. The figure “35” was substituted for the figure “20” by section 4 of the Finance Ordinance, 1976 (Ordinance No. XLV of 1976)