Section 1. The Tamil Nadu Panchayat Act, 1958 (Tamil Nadu Act XXXV of 1958)

11. The Tamil Nadu Panchayat Act, 1958 (Tamil Nadu Act XXXV of 1958). STATEMENT OF OBJECTS AND REASONS Certain State Acts imposing cesses and other taxes on minerals had been struct down by Courts including the Supreme Court of India in different cases. As a result of judgments in these cases, State Governments became liable to refund cesses and other taxes collected by them. Since refund was likely to have a serious impact on State revenues of the concerned State Governments and having regard to the fact that it is extremely difficult to ensure that the levies collected are refunded to the large number of end users of minerals who have actually borne the burden of such levies, the Cess and Other Taxes on Minerals (Validation) Ordinance, 1992 (Ord. 7 of 1992) was promulgated by the President on the 15th February, 1992, to validate collection of such levies by State Governments up to the 4th day of April, 1991. 2. The Bill seeks to replace the aforesaid Ordinance. NEW DELHI; The 20 th February , 1992. BALRAM SINGH YADAV.