Levy of tax on purchase of oilpalm FFBs

(1) The Government may, by notification, levy a tax at a rate not exceeding Rs. 100 per MT on the purchase of FFBs required for use. Consumption or sale in a factory. (2) the Government may, by notification, remit in whole or in part such tax in respect of FFBs used or intended to be used in a factory for any purpose specified in such notification. (3) The tax levied under sub-section (1) shall be collected from the occupier of the factory or from the person receiving oilpalm FFBs or the processing factory in such manner and by such authority, as may be prescribed.