Section 1. Ss. (3) rep. by the Repealing and Amending Act, 1978 (38 of 1978), s. 2 and Sch. I (w.e.f. 26-11-1978)

1. Ss. (3) rep. by the Repealing and Amending Act, 1978 (38 of 1978), s. 2 and Sch. I (w.e.f. 26-11-1978). [ THE SCHEDULE. ] Rep. by the Repealing and Amending Act, 1978 (38 of 1978) , s. 2 and the First Schedule (w.e.f. 26-11-1978) . STATEMENT OF OBJECTS AND REASONS With a view to mobilising additional resources, a tax called the foreign travel tax was levied under Chapter VII of the Finance (No. 2) Act, 1971, in respect of every international journey by a passenger, where the fare for such journey is paid or is payable in Indian currency. Similarly, for meeting the expenditure for relief of Bangla Desh refugees, the Tax on Postal Articles Act, 1971, and the Inland Air Travel Tax Act, 1971, provided respectively for the levy of tax on certain postal articles transmitted by post and on fares paid by passengers for inland air journeys.