Act Number: 45

Act Name: The Coir Industry Act, 1953

Year: 1953

Enactment Date: 1953-12-23

Long Title: An Act to provide for the establishment of a Board for the development of the Coir Industry and for that purpose to levy a customs duty on coir fiber, coir yarn and coir products exported from India and for matters connected therewith.

Ministry: Ministry of Micro, Small and Medium Enterprises

Department:

Section 14: Payment of proceeds of cess to the Board.
    The proceeds of the cess levied under sub-section (1) of section 13 shall first be credited to the Consolidated Fund of India and the Central Government may thereafter from time to time pay to the Board from and out of such proceeds such sums of money as it may think fit after deducting the expenses of collection.
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