Section 12B
Presumption that the incidence of duty has been passed on to the buyer.
About this Act
An Act to consolidate and amend the law relating to central duties of excise 2* * *
1[12B. Presumption that the incidence of duty has been passed on to the buyer.-- Every person who
has paid the duty of excise on any goods under this Act shall, unless the contrary is proved by him, be
deemed to have passed on the full incidence of such duty to the buyer of such goods.
Notes
1. Ins. by Act 40 of 1991, s. 6 (w.e.f. 20-9-1991).