Section 4
Crediting of cess to Consolidated Fund of India.
The Central Road and Infrastructure Fund Act, 2000
About this Act
An Act to give statutory status to the existing Central Road Fund governed by the Resolution of Parliament passed in 1988, for development and maintenance of national highways and improvement of safety at railway crossings, and for these purposes to levy and collect by way of cess, a duty of excise and duty of customs on motor spirit commonly known as petrol, high speed diesel oil and for other matters connected therewith.
The proceeds of the cess levied under section
3 shall first be credited to the Consolidated Fund of India, and the Central Government may, if Parliament
by appropriation made by law in this behalf so provides, credit such proceeds to the Fund from time to
time, after deducting the expenses of collection, for being utilised exclusively for the purposes of this Act.