Section 21
Power to require persons engaged in oil industry to maintain and produce books, accounts and records relating to business and inspection thereof.
The Oil Industry (Development) Act, 1974
About this Act
An Act to provide for the establishment of a Board for the development of oil industry and for that purpose to levy a duty of excise on crude oil and natural gas and for matters connected therewith.
The Central Government may, by order
notified in the Official Gazette, require all persons engaged in oil industry or any class of such persons--
(a) to maintain such books, accounts and records relating to their business as may be specified in the order;
(b) to produce such books, accounts and records for inspection and to furnish such information relating thereto to such officer or authority and at such times or in such circumstances as may be specified in the order.
(a) to maintain such books, accounts and records relating to their business as may be specified in the order;
(b) to produce such books, accounts and records for inspection and to furnish such information relating thereto to such officer or authority and at such times or in such circumstances as may be specified in the order.