Tax Act 1931
Tax Act 1931
Tax Act 1931
♣An Act to amend the law providing for the immediate effect for a limited period of provisions in
Bills relating to the imposition or increase of duties of customs or excise [or মূল্য সংযোজন কর বা
সম্পূরক শুল্ক বা টার্ণওভার কর ].
WHEREAS it is expedient to amend the law providing for the immediate effect for a limited period
of provisions in Bills relating to the imposition or increases of duties of customs or excise [or মূল্য
সংযোজন কর বা সম্পূরক শুল্ক বা টার্ণওভার কর ]; It is hereby enacted as follows:-
Short title 1. This Act may be called the Provisional Collection of Taxes Act, 1931
Effect of 4. (1) Subject to the provisions of sub-section (2), a declared provision shall
declaration
under this have the force of law with immediate effect as if enacted on the day on which
Act, and the Bill is introduced.
duration
(2) A declared provision shall cease to have the force of law under the
thereof
provisions of this Act-
(a) when it comes into operation as an enactment, with or without
amendment, or
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22/08/2021 The Provisional Collection of Taxes Act, 1931
clause (b) then on the expiry of the sixtieth day after the day on which the Bill
containing it was introduced.
under this sub-section shall not exceed the difference between the rate of
such duty or Tax proposed in the declared provision and the rate of such duty
(2) Where a declared provision ceases to have the force of law under clause
(b) or clause (c) of sub-section (2) of section 4 refunds shall be made of all
duties or Tax collected which would not have been collected if the declaration
in respect of it had not been made.
[Repealed[ 6. [Repealed by section 2 and Schedule of the Repealing Act, 1938 (Act No.
1 of 1938).]
1 The words "or ম ল্য সংযোজন কর বা সমঙ্ রক শুল্ক বা টার্ণওভার কর " were substituted, for the words "or sales tax" by the
Finance Act, 1997 (Act No. XV of 1997), section 2.
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