Excise duty.

(1) There shall be levied and collected in the manner provided by this Regulation and the rules thereunder and at such rates, not exceeding the rates set forth in the Schedule, as the Administrator may, by notification in the Official Gazette, specify, a duty of excise or a countervailing duty or a special duty, as the case may be, on all liquor of the descriptions specified in the Schedule, being liquor manufactured, or produced in, or brought into, the territory and such duty shall be payable by the person manufacturing or producing or importing such liquor:

Provided that no such duty shall be levied on toddy when used for the manufacture of jaggery, vinegar, yeast, neera or when drunk as such.

Explanation.—For the removal of doubts, it is hereby declared that in any notification issued under this section, it shall not be necessary to specify separately the rate of countervailing duty or special duty and, unless otherwise provided in such notification expressly, any rate specified in such notification as the rate of excise duty in respect of any description of liquor shall be deemed to be also the rate of countervailing duty, or a special duty, as the case may be, in respect of such description of liquor.

(2) There shall be levied and collected fee for issue of licence or permit subject to such terms and conditions as may be prescribed.

(3) There shall be levied and collected the import, export or transport duties assessed in such manner as may be prescribed.